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Please answer both questions Marigold uses DM of $46,000 and incurs DL and MOH costs of $59,000 and $27,000, respectively, in a single process that
Please answer both questions Marigold uses DM of $46,000 and incurs DL and MOH costs of $59,000 and $27,000, respectively, in a single process that results in two main products, Tex and Mex. Product Tex, which has an immediate sales value of $99,000, is further processed at a cost of $43,000 in order to increase its sales value to $160,000. How much are Marigold's joint costs, and to which products will they be assigned? How much are Marigold's separable costs, and to which products will they be assigned? Adairy operation processes raw milk into two main products: skim milk and cream. Both of these products are salable at the end of the joint process, worth $14,000 and $27,000, respectively. The skim milk can be further processed at a cost of $8,000 in order to yield sweetened condensed milk. This final product can be sold for $24,000. The cream can also be processed further, at a cost of $10,000, in order to generate butter, which is worth $44,000. If the joint process costs are $19,000, how much of the joint cost will be allocated to each product under the NRV method? (Round proportion to 2 decimal places, e. 3.0.25 and final answers to 0 decimal places, e.g. 5,125
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