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A company manufactures three products, I-Ten, Triol, and Pioze, from a joint process. Fach production run costs $12,800. None of the products can be sold

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A company manufactures three products, I-Ten, Triol, and Pioze, from a joint process. Fach production run costs $12,800. None of the products can be sold at split-off, but must be processed further. Information on one batch of the three products is as follows: Eventual Market Further Processing Cost per Gallon Product Gallons Price per Gallon L-Ten 3,300 $0.70 $2.40 Triol 3,800 1.00 4.60 Ploze 2,100 1.40 6.50 Required: 1. Allocate the joint cost to L-Ten, Triol, and Pioze using the nel realizable value method. Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar. Joint Cost Grades Allocation L Ten 2,394 Triol 5,836 Ploze 4,570 Total 12,800 Required: 1. Allocate the joint cost to L-Ten, Triol, and Pioze using the net realizable value method. Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar Joint Cost Grades Allocation L-Ten $ 2,394 Triol 5,836 Pioze 4,570 Total 12,800 2. What if it cost $2.00 to process each gallon of Trial beyond the split off point? How would that affect the allocation of joint cost to the three products? Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar Joint Cost Grades Allocation L-Ten 706 x Triol 2,419 Pioze 2,922 X Total 12,800

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