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Marin Products produces three products- D8-1, DBB-2, and DB-3 trom a joint process. Each product may be sold at the split-oft point or processed turther.
Marin Products produces three products- D8-1, DBB-2, and DB-3 trom a joint process. Each product may be sold at the split-oft point or processed turther. Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products involved. Key information about Marin's production, sales, and costs follows. DBB-1 DBB-2 DBB-3 Total 16,000 24,000 36, 000 76,000 Units Sold Price (after addt'1 processing) $ Separable Processing cost Units Produced Total Joint Cost Sales Price at Split-off 65 $50 75 $110,000 $44,000 $66,000 220,000 76, 000 $3, 600,000 16,000 24, 000 36, 000 25 S 35 S 55 The amount of joint costs allocated to product DBB-2 using the net realizable value method is (calculate all ratios and p whole dollar) s to 2 decimal places, for example 33.33%, and round all dollar amounts to the nearest Multiple Choice $667,345. $709,200 $881,640 $2,009160 $286.500
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