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(c) Since not all of the lanolin cream is sold, determine the ending inventory cost for the lanolin cream under both the sales value at
(c) Since not all of the lanolin cream is sold, determine the ending inventory cost for the lanolin cream under both the sales value at split-off method and the NRV method. (Round answers to 2 decimal places, e.g. 15.25.) $Salesvalueatsplit-offmethod$NRVmethod inventory cost for the Lanolin Cream sent: \begin{tabular}{lr} & Cost \\ \cline { 2 - 2 } Joint process cost & $1,200 \\ Further processing cost (wool fiber to yarn) & 520 \\ Further processing cost (crude lanolin to cream) & 640 \end{tabular}
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