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Business, 12.12.2019 02:31 diego4325

Allocating joint costs using the net realizable value method a company manufactures three products, l-ten, triol, and pioze, from a joint process. each production run costs $12,900. none of the products can be sold at split-off, but must be processed further. information on one batch of the three products is as follows: product gallons further processing cost per gallon eventual market price per gallon l-ten 3,500 $0.50 $ 2.00 triol 4,000 1.00 5.00 pioze 2,500 1.50 6.00 required: 1. allocate the joint cost to l-ten, triol, and pioze using the net realizable value method. round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar. joint cost grades allocation l-ten $ triol pioze total $ 2. what if it cost $2 to process each gallon of triol beyond the split-off point

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