Find Missing DataNet Realizable Value Method: A clerk at the Hargis Corporation prepared a diagram showing the flow of materials and costs through the company's processing operation. However, certain pieces of data are missing from the diagram. You learn some additional information as follows:

1. Each of the three output products can only be sold at the end of all processing.

2. Joint costs are allocated estimating the net realizable value at split-off.

3. Costs of processing in each branch of the diagram are noted directly above the horizontal line for that branch.

4. Allocated joint costs are shown in parentheses on the diagonal line for the related branch of the process.

5. Sales values at split-off are shown on the diagonal line for the related branch of the process.

6. Letters represent missing data. If the letters are in parentheses, the missing item is a cost. If the letter is not in parentheses, the missing item is a sales value.

7. Total joint costs for the first process are $99. These are allocated to

(b) and (c).

Required: Provide amounts for each letter. (Hint: Start with

a, then solve for/, then for d.)

Transcribed Image Text:

The diagram appears as follows: (a) (b) $90 sales value (e) $100 ($20) (c) h $54 sales value ($27) (g) ($15) ($21) $39