B sts Figure Get more Joint Costs $303,100 Peanuts Department Processing of 157,000 lb Separable Costs - 25,000 pounds Salting Department Processing $36,000 Salted Peanuts 25,000 pounds $12/16 Raw Peanuts 99,000 pounds $4/16 Splitott Point 14,000 pounds Paste Department Processing $13,000 Peanut Butter 14,000 pounds 57/lb Print Done In the joint cost of products A and E Clear all (Click the icon to view the overview.) Read the requirements. cts A, B, and C int costs alloca Requirements 1. 2. Compute unit costs per pound for products A, B, and C, treating C as a byproduct. Use the NRV method for allocating joint costs. Deduct the NRV of the byproduct produced from the joint cost of products A and B. Compute unit costs per pound for products A, B, and C, treating all three as joint products and allocating joint costs by the NRV method. Print Done d from the joint cost of products A and B. A, B, an costs allo More info Product A is processed further in the salting department at a cost of $36,000. It yields 25,000 pounds of salted peanuts, which are sold for $12 per pound. Product B (raw peanuts) is sold without further processing at $4 per pound. Product C is considered a byproduct and is processed further in the paste department at a cost of $13,000. It yields 14,000 pounds of peanut butter, which are sold for $7 per pound. Print Done rom the joint cost of products A and - X Part 1 of 14 The co for mar (C Read th Ray, Inc., is a large food-processing company. It processes 157,000 pounds of peanuts in the peanuts department at a cost of $303,100 to yield 25,000 pounds of product A, 99,000 pounds of product B, and 14,000 pounds of product C. (Click the icon to view the information.) Requirement 1. Compute unit costs per pound for products A, B, and C, treating C as a byproduct. Use the NRV method for allocating joint costs. D Let's begin by determining the formula to compute the joint costs allocated for product C by entering the appropriate amounts. = Joint costs allocated The company wants to make a gross margin of 10% of revenues on product C and needs to allow 20% of revenues for marketing costs on product C. An overview of operations follows: (Click the icon to view the overview.) Read the requirements. ing joint costs. Deduct the NRV of the byproduct produced from the joint cost of products A and B. (Click the icon to view the Read the requirements Requirement 1. Compute unit costs per pound for products A, B, and C, treating C as a byproduct. Use the NRV method for allocating joint costs. Deduct the NRV of the Let's begin by determining the formula to compute the joint costs allocated for product C by entering the appropriate amounts. Joint costs allocated