Joint cost aliocation - net realizable value method Nature's Garden Inc. produces wood chips, wood pulp, and mulch. These products are produced through harvesting trees and sending the logs through a wood chipper machine. One batch of logs produces 20,546 cubic yards of wood chips, 14,200 cuble yards of mulch, and 9,494 cubic yards of wood pulp. The joint production process costs a total of $30,000 per batch. After the split-off point, wood chip5 are immediately sold for $28 per cubic yard while wood pulp and mulch are processed further. The market value of the wood pulp and mulch at the split-off point is estimated to be $20 and $23 per cubic yard, respectively. The additional production process of the wood pulp costs $4 per cubic yard, after which it is sold for $30 per cubic yard. The additional production process of the mulch costs $3 per cuble yard, after which it is sold for $33 per cubic yard. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadshect Alocate the joint costs of production to each product using the net realizable value method. Do not round intermediate caiculations. Aound your answers to the nearest dollar. Jolnt cost allocation - net realizable value methed Nature's Garden lnc. produces wood chips, wood pulp, and mulch. These products are produced through harvesting trees and sending the logs through a wood chipper machine. The following data is provided: Using formulas and cell references, perform the required analysis, and input your answers into the B, C, D, E, F, and G columns. Use the blue entry cells (B14:F16, E17) for intermediate calculations. Transter the numeric results for the green entry cells (G14:G17) into the appropriate fields in CNOWv2 for grading