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Net Realizable Value Method Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If

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Net Realizable Value Method Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: If Proocessed Further Product Units Sales Value at Additional Produced Split-Off Costs Sales Values W-10 56,000 336,000 36,000 366,000 W-20 40,000 288,000 28,800 336,000 W-30 32,000 192,000 19,200 240,000 W-40 32,000 144,000 12,000 160,000 160,000 960,000 96,000 1,102,000Required Assuming that total joint costs of $384 , 000 were allocated using the sales value at split- off ( net realizable value method ) , what joint costs were allocated to each product ?" Product Split - off Joint Costs Alloc. W - 10 336, 000 134400 W - 20 288, 000 1 15200 W- 30 192, 000 76800 W- 40 144, 000 57600

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