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7-31 Joint Products Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at

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7-31 Joint Products Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $120,000: After Split-Off Product Units Produced and Sold m N 4,000 10,000 140,000 T 5,000 5,000 25,000 Required How much of the joint cost should be allocated to each joint product using the net realizable value method

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