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Blasto, Inc., operates several mines. At one, a typical batch of ore run through the plant yields three products: lead, copper, and manganese. At the

Blasto, Inc., operates several mines. At one, a typical batch of ore run through the plant yields three products: lead, copper, and manganese. At the split-off point, the intermediate products cannot be sold without further processing. The lead from a typical batch sells for $50,000 after incurring additional processing costs of $2,000. The copper is sold for $90,000 after additional processing costs of $34,000, and the manganese yield sells for $70,000 but requires additional processing costs of $14,000. The joint costs of processing the raw ore, including the cost of mining, are $120,000 per batch. Required: Use the estimated net realizable value method to allocate the joint processing costs. (Do not round your intermediate calculations.)

Cost Allocation
Lead
Copper
Manganese

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