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Corn Syrup Corn Starch Joint Costs $ 326,000 Joint costs (costs of processing corn to splitoff point) Separable cost of processing beyond splitoff point Beginning

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Corn Syrup Corn Starch Joint Costs $ 326,000 Joint costs (costs of processing corn to splitoff point) Separable cost of processing beyond splitoff point Beginning inventory (cases) Production and Sales (cases) Ending inventory (cases) Selling price per case Requirement $324,960 96,640 0 12,300 6,400 48 $ 23 Allocate the $326,000 joint costs using the NRV method. (Round the weights to two decimal places.) Corn syrup Corn starch Total Final sales value of total production Deduct separable costs NRV at splitoff point Weighting Joint costs allocated

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