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Raber, Inc, is a large food-processing company, It processes 162,000 pounds of peanuts in the The company wants to make a gross masgh of 10% of rovanues on product C and peanuts department at a cost of $183,000 to yield 12,000 pounds of product A,72,000 pounds of needs to allow 20% of revenues for maketing costs on product C. An overview of probuet B, and 15,000 pounds of product C. operations folows: (1) (Clok the icon to view the information) [Cick the icon to viow the overiow.) Read the cequitements. Requirement 1. Compute unit costs per pound for products A. B, and C, trealing C as a byproduct. Use the NRV mechod for allocating joint costs. Deduct the NRV of the byproduct prodused from the joint cost of products A and B. Lets begin by determining the formula to compule the joint costs alocated for prodoct C by entering the appropriate amounta. Now compute the net reakizable value, weighting and joint costs albeated for prodvets A and B by antering the appropriate amounts. (Reund the weigteing amounts to four decirul plachs.) - Product A is processed further in the salting department at a cost of $36,000. It yields 12,000 pounds of salted peanuts, which are sold for $9 per pound. - Product B (raw peanuts) is sold without further processing at $4 per pound. - Product C is considered a byproduct and is processed further in the paste department at a cost of $10,500. It yields 15,000 pounds of peanut butter, which are sold for $9 per pound. Requirements 1. Compute unit costs per pound for products A,B, and C, treating C as a byproduct. Use the NRV method for allocating joint costs. Deduct the NRV of the byproduct produced from the joint cost of products A and B. 2. Compute unit costs per pound for products A,B, and C, treating all three as joint products and allocating joint costs by the NRV method