a. Determine the income for each product if joint costs are allocated using the estimated net realizable value method is used

b. Determine the income for each product if joint costs are allocated using the physical output method of allocation

b. Riverview Company has offered to by the wire at split-off for $16 per foot. Should Venture accept the offer? Why or why not.

canada Company processes copper into wire and cable. The joint costs of processing 100,000 feet of copper $800,000. There was no beginning or ending inventory last month. Production and sales value information for the month were as follows:

Product	Feet	Separable Costs	Selling Price
wire	40,000.	$120,000	$18 per foot
cable	60,000	$180,000	21 per foot