• Jurby Chemicals produces four products from a joint process costing $450,000 per month. After leaving the joint process, the products must be further refined before they are salable. You have been provided with the following information: Product Volume Further Processing Costs ($) Selling Price per Unit ($) AX 30,000 700,000 80 BC 50,000 800,000 40 CF 20,000 200,000 22 DR 100,000 500,000 10 
• Required: a. Allocate the joint cost using the physical units method b. Allocate the joint cost using net realizable value.
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