Constant gross-margin percentage NRV method. Begin by entering the appropriate amounts to allocate the joint costs. (Round the percentage to four decimal places, X.XXXX%.)

The overall gross-margin percentage for all joint products together is

68.5179

%.

Now determine the formula to compute the joint costs allocated, then enter the appropriate amounts. (Round your answers to the nearest whole dollar.)

Total production costs

-

Separable processing costs

=

Joint costs allocated

Chocolate powder

$26,445

-

2,965

=

$23,480

Milk chocolate