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Problem4 produces two Additional data: Chemical Co products, Moola and Toola, from a joint process. Joimt costs were $12 Moola Toola 100 lbs 50 lbs

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Problem4 produces two Additional data: Chemical Co products, Moola and Toola, from a joint process. Joimt costs were $12 Moola Toola 100 lbs 50 lbs 90 lbs 20 lbs S 120 $ 60 Total production Actual sales Unit selling price at split-off Total separable costs if processed further $2000 $500 Unit selling price if processed further Allocate joint costs using the following methods : S 195 80 a. sales value at split off b. estimated NRV

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