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Douglass Minerals mines ore and then processes it into other products. At the end of the mining process, the ore splits off into three products:

Douglass Minerals mines ore and then processes it into other products. At the end of the mining process, the ore splits off into three products: Metal-A, Metal-B, and Metal-C. Douglass sells Metal-C at the split-off point, with no further processing. Metal-A is processed in Plant A, and Metal-B is processed in Plant B. The following is a summary of costs and other related data for the period ended December 31:

Process: Mining Plant A Plant B
Labor $ 470,000 $ 406,000 $ 278,000
Manufacturing overhead $ 386,000 $ 338,800 $ 134,000
Products Metal-A Metal-B Metal-C
Units sold 224,000 176,000 76,000
Units in ending inventory (December 31) 76,000 0 64,000
Sales revenue $ 1,120,000 $ 584,000 $ 190,000

Douglass Minerals had no beginning inventories on hand at the beginning of the period. Douglass Minerals uses the net realizable value method to allocate joint costs.

Required:

Compute the following:

The net realizable value of Metal-C for the period ended December 31.

The joint costs for the period ended December 31 to be allocated.

The cost of Metal-B sold for the period ended December 31.

Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar.

The value of the ending inventory for Metal-C.

Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar.

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