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Question Two: (25 Marks) ABC company has two joints products, product A and Product B, the following data are collected by the accounting department A

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Question Two: (25 Marks) ABC company has two joints products, product A and Product B, the following data are collected by the accounting department A B $480000 Joint Costs Separable cost of processing beyond split off point Beginning Inventory Production and Sales (units) Ending Inventory Selling price per unit $80000 0 2000 0 $50 $20000 0 4000 0 $20 Required: Allocate the joint cost using net realizable value method

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