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Barrett Chemicals manufactures four chemicals, Chem - 1 , Chem - 2 , Chem - 3 , and Chem - 4 , from a joint
Barrett Chemicals manufactures four chemicals, Chem Chem Chem and Chem from a joint process. The total joint costs in May were $ Additional information follows:
tableIf Processed FurtherUnits,Sales Value atAdditional,,ProductProduced,SplitffCosts,Sales Values,Chem$$$ChemChemChem$$$
Required:
Barrett Chemicals uses the net realizable value method to allocate joint costs. What joint costs would be allocated to each product in May?
Note: Round percentages to decimals. Round your final answers to the nearest whole dollar amounts.
tableProductNRV at SplitOff,tableJoint CostsAllocatedChemChemChemChem
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