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Problem 11-64 Finding Missing Data: Net Realizable Value (LO 11-7) Blaine, Inc., produces three products, Argon, Xon, and Zeon, from a joint production process. Data
Problem 11-64 Finding Missing Data: Net Realizable Value (LO 11-7) Blaine, Inc., produces three products, Argon, Xon, and Zeon, from a joint production process. Data on the process are as follows: Required: Determine the value for each missed item. (Do not round intermediate calculations.) Product Xon Zeon Allocated joint cost Total $ 540 $ 760 Sales value at split-off Additional processing costs Sales value if processed Contribution from processing further Units produced Argon $ 85 $ 130 | $ 50 $ 230 | $ 50 1,550 $ $ $ 190 380 $ 0 $ 2,050 1,280 155 3,800 7,400
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