22 Cola Drink Company processes direct materials up to the split-off point where two products, A and B, are obtained. The following information was collect for the month of July: Direct materials processed: Production: Sales: 2,500 liters (with 20% shrinkage) A 1,500 liters B .500 liters A $15.00 per liter B $10.00 per liter The cost of purchasing 2,500 liters of direct materials and processing it up to the split-off point to yield a total of 2,000 liters of good products was $4,50 Product B may be processed further to yield 375 liters of Product W3 for an additional processing cost of $275. Product W3 is sold for $30.00 per liter. What is Product W3's estimated net realizable value at the split-off point? a. $11,100 b. $34.375 ick Save and Submit to save and submit. Click Save All Answers to save all answers. 2 W 73 3 E $ 40 14 888 F4 % MacBook Pro &7 W