NNW Flour Company buys 1 input of standard flour and refines it using a special sifting process to 3 cups of baking flour and 9 cups of bread flour. In May, NNW bought 12,200 inputs of flour for $91,000. NNW spent another $47,600 on the special sifting process. The baking flour can be sold for $3.45 per cup and the bread flour for $4.95 per cup. NNW puts the baking flour through a second process so it is super fine. This costs an additional $1 per cup of baking flour and the process yields , cup of super-fine baking flour for every one cup of baking flour used. The super-fine baking flour sells for $9.90 per cup. Required Requirement 1c. Allocate the $138,600 joint cost to the super-fine baking flour and the bread flour using the NRV method of joint-cost allocation. (Round the weights to four decimal places. Round the joint costs allocated to the nearest whole dollar.) Super-Fine Baking Flour Bread Flour Total Final sales value of total production $ 181, 170 $ 543,510 Deduct separable costs 36,600 $ Net realizable value at splitoff $ 144,570 $ 543,510 $ 688,080 Weighting 0.2101 0.7899 Joint costs allocated $ 29, 120 $ 109,480 $ 138,600 Requirement 1d. Allocate the $138,600 joint cost to the super-fine baking flour and the bread flour using the constant gross-margin percentage NRV method of joint-cost allocation. (Round the gross margin percentage to two decimal places, X.XX%. Round your answers to the nearest whole dollar.) Super-Fine Baking Flour Bread Flour Total Final sales value of total production 181170 543510 724680 Deduct gross margin, using overall 549480 gross-margin percentage of sales Total production costs 43806.906 131420.718 175227.624 36600 36600 Deduct separable costs 138600 Joint costs allocated