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 $210,000:
| |
|
After Split-Off
|
| Product |
Units Produced and Sold |
Total
Separable
Costs |
Total Final Sales Value |
| M |
19,000 |
$ |
19,600 |
|
$ |
250,000 |
|
| N |
13,000 |
|
14,000 |
|
|
230,000 |
|
| T |
14,000 |
|
9,400 |
|
|
43,000 |
|
Required:
How much of the joint cost should be allocated to each joint product using the net realizable value method? (Enter your answers in whole dollars.)