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Exercise 11-48 (Algo) Net Realizable Value Method (LO 11-7) Deming & Sons manufactures four grades of lubricant. W-10, W-20, W-30, and W-40, from a joint

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Exercise 11-48 (Algo) Net Realizable Value Method (LO 11-7) Deming & Sons manufactures four grades of lubricant. W-10, W-20, W-30, and W-40, from a joint process. Additional Information follows: Units Product Produced W-10 65,000 W-20 47,000 W-30 37,600 W-40 37,600 188,000 Sales Value at Split-oft $ 392,000 337,000 227.000 172,000 $1,120,000 If Procenned Further Additional Costa Sales Values $ 42,300 $ 429,000 33,700 392,000 22.700 282,000 14,100 188,000 $112,800 $1,291,000 5 Required: Assuming that total joint costs of $462,480 were allocated using the sales value at split-off (net realizable value method), what Joint costs were allocated to each product? (Do not round intermediate calculations.) Product NRV at Split- OFF Joint Costs Allocated W-10 W-20 W-30 W-40 Exercise 11-49 (Algo) Physical Quantities Method (LO 11-8) Deming & Sons manufactures four grades of lubricant, W-10, W20, W-30, and W-40, from a joint process, Additional Information follows. If Processed Further Product W-10 K-20 W-30 W-40 Units Sales Value Produced at Split-ort 47,600 $284,000 34,000 244.000 27,200 164,000 27,200 124,000 136,000 $816,000 Additional Conte Sales Values $30,500 $310,000 24,400 284,000 16,400 204,000 10.200 136,000 SB1,500 $934,000 Required: Assuming that total Joint costs of $367,200 were allocated using the physical quantities method, what joint costs were allocated to each product? (Do not round intermediate calculations.) Product Joint Costs Allocated W-10 W-20 W-30 W-40 Exercise 11-50 (Algo) Sell or Process Further (LO 11-9) Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: Units Product Produced W-10 60,200 N-20 43,000 N-30 34,400 W-40 34,400 172,000 Sales Value at Split-o! $360,000 309,000 207,000 156,000 $1,032,000 If Processed Purther Additional Costa Sales Values $ 38,700 $ 393,000 30,900 360,000 20,700 258,000 12,900 172.000 $103,200 $1,183,000 Required: which, if any, of the four products would you recommend Deming & Sons sell at split-off (and not process further? W.10 W-20 OW-30 W.40 None of the products

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