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A chemical company produces three products: X10. Y20, and Z30. Sales and production Information is as follows. Units sold Final sales price per unit Price
A chemical company produces three products: X10. Y20, and Z30. Sales and production Information is as follows. Units sold Final sales price per unit Price at split-off Separable processing cost xie 280,000 $ 11 8 $ 459,000 Y2e 186,eee $ 8 4 $ 110,eee 230 125, eee $ 11 7 $623,600 The company needs to allocate a total Joint cost of $3.209,000 for the three products. Required: 2 requirements in total. Scroll down to the bottom of the page to make sure you complete both. 1. Calculate total allocated Joint costs for three products using the net realizable value method. (Round intermediate percentage calculations to 4 decimal places. Round your final answers to whole dollar amounts. Negative amounts should be indicated with a minus slgn.) X10 Y20 230 Total allocated joint costs 2 Which product should be processed further? Briefly show your calculation and reasoning
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