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LM Company produces three products (A, B, and c) in a joint process. Information related to these three -products for the most recent year is

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LM Company produces three products (A, B, and c) in a joint process. Information related to these three -products for the most recent year is given below: A B ? $15,000 Allocated joint costs Sales value from further processing Additional processing costs .. ....... $90,000 $85,000 ? ? Total $60,000 ? ... Allocated joint costs Sales value from further processing Additional processing costs .. ......... $125,000 $ 71,000 $300,000 $120,000 LM Company uses the net realizable value method to allocate joint costs to products. Calculate the amount of additional processing costs for Product A

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