Monetary measure joint cost alloc.:' >n Refer to the information in Problem 38.

a.Assume the net realizable value of the joint products is as follows:
Soybean oil Soybean meal $0,339 per pound $0,169 per pound Allocate the joint cost incurred in March on the basis of net realizable value.

b. Calculate the cost of goods sold for March using the answer to part (a).

c. Calculate the cost of finished goods inventory at the end of March based on the answer to part (a).

d. Compare the answers to parts

(b) and

(c) of Problem 38 to the an¬ swers to parts

(b) and

(c) of this problem. Explain why the answers differ. LO1.