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11 Douglass Minerals mines ore and then processes it into other products. At the end of the mining process, the ore spilts off into three

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11

Douglass Minerals mines ore and then processes it into other products. At the end of the mining process, the ore spilts off into three products: Metal-A, Metal-B, and Metal-C. Douglass sells Metal-C at the split-off point, with no further processing. Metal-A is processed in Plant A, and Metal-B is processed in Plant B. The following is a summary of costs and other related data for the perlod ended December 31 : Douglass Minerals had no beginning inventorles on hand at the beginning of the perlod. Douglass Minerals uses the net realizable value method to allocate joint costs. Required: Compute the following: a. The net realizable value of Metal-C for the perlod ended December 31 . b. The joint costs for the perlod ended December 31 to be allocated. c. The cost of Metal-B sold for the perlod ended December 31. Note: Do not round Intermediate calculations. Round your final answer to the nearest whole dollar. d. The value of the ending inventory for Metal-C. Note: Do not round Intermediate calculations. Round your flinal answer to the nearest whole dollar

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