E16-23 (similar to) Question Help * Stenback Company is one of the world's leading corn refiners. It produces two joint products corn syrup and corn starch -using a common production process. In July 2017, Stenback reported the following production and selling-price EEB (Click the icon to view the information.) Alocate the $320,000 joint costs using the NRV method. (Round the weights to two decimal places.) Corn syrup Corn starch Total Data Table Final sales value of total production Deduct separable costs NRV at splitoff point Weighting Joint costs allocated Corn Syrup Con Starch Joint Costs Joint costs (costs of processing com to splitoff point) Separable cost of processing beyond splitoff point Beginning inventory (cases) Production and Sales (cases) Ending inventory (cases) Selling price per case $ 320,000 $406,340 97,060 13,000 5,900 51 $ 26 Print Done Enter any number in the edit fields and then click Check Answer. Clear All Check