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13 Required information Part 2 of 2 Exercise 17-22 Net-Realizable-Value Method; Joint Cost Allocation (LO 17-4) [The following information applies to the questions displayed below.]
13 Required information Part 2 of 2 Exercise 17-22 Net-Realizable-Value Method; Joint Cost Allocation (LO 17-4) [The following information applies to the questions displayed below.] 1.68 Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as joints follows: Quantity at Sales Price Joint Cost Cereal Split-Off Point per Kilogram $105, 000 Yummies 13, 500 kilograms $7.50 eBook Crummies 9, 500 kilograms 9.00 Print Breakfasttime Cereal Company has an opportunity to process its Crummies further into a mulch for ornamental shrubs. The additional processing operation costs $3.00 per kilogram, and the mulch will sell for $18.00 per kilogram. References Exercise 17-22 Part 2 2. Suppose the company does process Crummies into the mulch. Use the net-realizable-value method to allocate the joint production cost between the mulch and the Yummies. (Round intermediate calculations of "Relative Proportions" to 3 decimal places and final answers to the nearest dollar amount.) Allocation of Joint Cost Yummies Mulch
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