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Orestion? The joint cost to produce products 1A,2A,3A and 4A is $4,400. Each of these four products can either be sol the end of the

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Orestion? The joint cost to produce products 1A,2A,3A and 4A is $4,400. Each of these four products can either be sol the end of the joint production process, or can be processed further into 1B, 2B, 3B and 4B respectively. For example, at the end of the joint production process, there are 40kg of Product 1A produced, and each kgC Product 1A sells for $100/kg. The 40kg batch of Product 1A can either be sold at this point for $4,000(40kgX $100/kg) or the batch can be further processed into a batch of Product 1B at an additional cost of $50. This wil produce a 29kg batch of Product 18 that sells for $120/kg for a total sales value of $3,480(29kg$120/kg). Required: Part A Assuming that none of the products are byproducts, calculate the how much of the Joint cost should allocated to each product using the four methods discussed in class. Part B Allocate the $4,400 joint cost assuming using the Net Reallzable Value method and assuming that product 3 and product 4 are bpth byproducts

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