Solution-How much joint cost should allocated to each joint

How much joint cost should allocated to each joint product

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Reference no: EM132850070

Problem - Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $215,000:

Product	Units Produced and Sold	After Split-off
Product	Units Produced and Sold	Total Separable Costs	Total Final Sales Value
M	19,500	$19,800	$255,000
N	13,500	14,500	235,000
T	14,500	9,700	44,000

Required - How much of the joint cost should be allocated to each joint product using the net realizable value method?

Reference no: EM132850070

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How much joint cost should allocated to each joint product

Reference no: EM132850070

Reference no: EM132850070

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