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A company manufactures three products, L-Ten, Triol, and Pioze, from a joint process. Each production run costs $12,100 at split off, but must be processed

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A company manufactures three products, L-Ten, Triol, and Pioze, from a joint process. Each production run costs $12,100 at split off, but must be processed further. Information on one batch of the three products is as follows Further Processing Cost per Gallon Eventual Market Price per Gallon Product L-Ten Triol Gallons 3,200 3,700 2,300 $0.70 1.00 1.50 $2.80 5.10 6.40 Required 1. Allocate the joint cost to L-Ten, Triol, and Ploze using the net realizable value method. Round your allocation percen the allocated costs to the nearest dollar Joint Cost Grades L-Ten Triol Allocation Total di 1030 PM 3/25/2019 Required 1. Allocate the joint cost to L-Ten, Triol, and Ploze using the allocated costs to the nearest dollar. the net realizable value method. Round your allocation percentages to four decimal places and round Joint Cost Grades Allocation L-Ten Triol Pioze Total 2. What if it cost $2.00 to process each gallon of Triol 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 L-Ten Triol Pioze Allocation Total 1030 pM 3/25/2019

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