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Chapter 11 Graded Homework 0 Saved References Blasto, |nc., operates several mines. At one, a typical batch of ore run through the plant yields three
Chapter 11 Graded Homework 0 Saved References Blasto, |nc., operates several mines. At one, a typical batch of ore run through the plant yields three produc manganese. At the splitoff point, the intermediate products cannot be sold without further processing. The 's: lead, copper, and lead from a typical batch sells for $70,000 after incurring additional processing costs of $22,700. The copper is sold for $121,000 after additional processing costs of $13,500, and the manganese yield sells for $25,000 but requires additional processing costs of $1-,800. Thejoint costs of processing the raw ore, including the cost of mining, are $255,000 per batch. Required: Use the estimated net realizable value method to allocate thejoint processing costs. {Do not round intermediate calculations.) Approximate sales value at splito Percent of total sales values at splito Cost allocation
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