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Harmon inc produces joint products L, M, and N from a joint process Information concerning a batch produced in May at a joint cost of
Harmon inc produces joint products L, M, and N from a joint process Information concerning a batch produced in May at a joint cost of $75,000 was as follows: Separable Processing cost Units Produced Sales Value (after addt'l processing) M N Total $10,000 $25,000 $2,000 $ 37, eee 1,200 2,5ee 4,300 8,eee $60,000 $50,000 $7,000 $117.900 The amount of joint costs allocated to product N using the net realizable value method is calculate all ratios and percentages to 4 decimal places, for example 333333%, and round all dollar amounts to the nearest whole dollars Multiple Choice 0 $3.014 $33434 5 O *$3,614 O $33,434. $4,688. O $23.438 o O $46.875
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