How much of the joint cost should be allocated

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Question - 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 $175,000:

Product

Units Produced and Sold

After Split-Off

Total Separable Costs

Total Final Sales Value

M

15,500

$18,200

$215,000

N

9,500

14,600

195,000

T

10,500

3,200

36,000

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

Reference no: EM132477654

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