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Question 3 Ron Chemicals produces four products from a joint process costing $100,000 per month. After leaving the joint process, the products must be further

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Question 3 Ron Chemicals produces four products from a joint process costing $100,000 per month. After leaving the joint process, the products must be further refined before they are salable. You have :been provided with the following information Product Volume Further Processing Selling Price Costs per Unit 3000 $200,000 $ 100 B-3 5000 150,000 40 C-2 2000 100,000 120 Q-9 10000 250,000 50 A-1 Required 1. Allocate the joint costs using the physical units' method. 2. Allocate the joint costs using the net realizable value method

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