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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

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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 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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