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Products X, Y, and Z are produced from the same process at a cost of $6,500. Five thousand pounds of raw material yields 2,150 X,
Products X, Y, and Z are produced from the same process at a cost of $6,500. Five thousand pounds of raw material yields 2,150 X, 3,150 Y, and 1,650 Z. Selling prices are: X $4.6 per unit, Y $6.6 per unit, Z valueless. The ending inventory of X is 63 units. What is the value of the ending inventory if joint costs are allocated using net realizable value?
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