Analyzing the 2nd split-off point, what is the net realizable value (in $) of G?

What is the net realizable value (in $) of H?

Evaluating now the 1st split-off point, what is the net realizable value (in $) of F?

What is the net realizable value (in $) of the intermediate product, R (i.e. the joint product of G and H)?

How much joint cost (in $) will be allocated to F?

How much joint cost (in $) will be allocated to R?

How much is the total joint cost (in $) of G and H?

How much joint cost (in $) will be allocated to G?

How much joint cost (in $) will be allocated to H?

What is the total production cost (in $) of F?

What is the total production cost (in $) of G?

What is the total production cost (in $) of H?

The Green Mountain Supply Company manufactures 3 final products F, G and H and one intermediate product, R. During a recent month, the joint cost of producing 1,000 units of Fand 2,000 units of Rwas $15,000. Product R was processed further into 1,000 units of G and 1,000 units of H at a cost of $12,000. Additional costs to complete G and H were $5,000 and $10,000, respectively. The unit selling prices of F, G and H are $17, $10 and $20 respectively. $15,000 1,000 units F F@ $17 1,000 units G G@ $10 $5,000 R $12,0001 2,000 units H H@ $20 $10,000 1,000 units Determine the total production cost of each final product when joint costs are allocated on the basis of relative net realizable value (NRV)