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Allocating Joint Costs Using the Net Realizable Value Method A company manufactures three products, L - Ten, Triol, and Pioze, from a joint process. Each
Allocating Joint Costs Using the Net Realizable Value Method A company manufactures three products, LTen, Triol, and Pioze, from a joint process. Each production run costs $ None of the products can be sold at splitoff, but must be processed further. Information on one batch of the three products is as follows: Product Gallons Further Processing Cost per Gallon Eventual Market Price per Gallon LTen $ $ Triol Pioze Required: Allocate the joint cost to LTen, Triol, and Pioze using the net realizable value method. Round your allocation percentages
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