Quick Systems Inc produces three products T, U, V. Each product can be sold at split off: T ($6 per unit), U ($20per unit) and V ($7.5 per unit). All three products can be further processed to make TT,UU, and VV. A fourth product, H, is a by-product of the production process. Product H can be sold for $2 per unit with additional processing. A is processed at split-off point. At all times by-products are assigned joint cost based on NRV. During April the joint costs of production were $350,000. Production, additional processing costs, and sales value after additional processing information for the month are as follows:

Product	Units	Selling price per unit (after further processing)	Further processing costs
TT	18,000	$21	$42,000
UU	20,000	$24	$90,000
VV	30,000	$18	$66,000
H	10,000	$2	$5,000

Required:

a. Determine the amount of joint cost allocated to each product if allocation is by NRV of final product.

Product	NRV	Allocated
TT
UU
VV
Total
H

b. Which products should be processed further beyond splitoff point.

T
U
V