- Requirements Ind 300 gallons of the he amount you input in the 1. How much in joint costs does Garden allocate to each product? 2. Compute the cost of ending inventory for each of Garden's products. 3. If Garden were to use the constant gross-margin percentage NRV method instead, how would it allocate its joint costs? 4. Calculate the gross margin on the sale of the product for human use in March under the constant gross-margin percentage NRV method. 5. Suppose that the separation process also yields 300 pints of a toxic byproduct. Garden currently pays a hauling company $6,000 to dispose of this byproduct. Garden is contacted by a firm interested in purchasing a modified form of this byproduct for a total price of $7,000. Garden estimates that it will cost about $35 per pint to do the required modification. Should Garden accept the offer? st cent.) Print Done Garden Labs produces a drug used for the treatment of art. The drug is produced in balche ances Clotho con to view actional formation In March Gorden, which had no opening inventory, processed one batch of chemics. It cold 2.000 guions of product or human use and 300 gallons of 150 veterinarian Troduct Garden uses the not realizable value method for allocating point production costa Read the functie y Requirement 1. How much in joint costs does Garden allocate to each product? (Do not found intermediary calculation. Only round the amount you rout in the col to the west dollar) Joint costs allocated to human product Joint costs allocated to veterinarian product Requirement 2. Compute the cost of ending inventory for each of Garden's products. (Round the cost per gallon amounts to the nearest Human Product Vet Product Total Separable costs rest dahe Joint costs Choose from any list or enter any number in the input fields and then continue to the next question urces dy Garden Labs produces a drug used for the treatment of arthritis. The drug is produced in batches, Click the icon to view additional information) In March, Garden, which had no opening inventory, processed one batch of chemicals. It sold 2,000 gallons of product for human use and 300 gallons of the veterinarian product, Garden uses the not realizable value method for allocating joint production conta Read the quicoman numan PROUGE VEL PTOGUCE TO Separable costs Joint costs Total costs Units produced (gallons) Cost per gallon Units in ending inventory (gallons) Cost of ending inventory Requirement 3. Il Garden were to use the constant gross-margin percentage NRV method instead, how would allocato its joint costs? Choose from any list or enter any number in the input fields and then continue to the next question rces Garden Labs produces a drug used for the treatment of arthritis. The drug is produced in batches Click the icon to view additional information In March Garden, which had no opening ventory proceed one touch of chemicals. It sold 2.000 gallons of prooxt for human we wild 300 tons of the Weterinarian product Garden uses the not realizable value method for allocating joint production cons Read the UE Cost of ending inventory Requirement 3.1 Garden were to use the corntant gross margin percentage NRV method instead, how would it allocate its joint costa? Human Product Vet Product Total Final sales value of production Gross margin Total costs Separable costs Joint costs Choose from any list or enter any number in the input fields and then continue to the next question Requirement 4. Calculate the gross margin on the sale of the product for Human use in March under the constare gross margin percentage NR method The grous margin on the sale of the product for hurry use in March under the constant gross-margin porcentago NRV method is Requirement 5. Suppose that the separation process also yolds 300 pints of a toxic typroduct Garden currently pays a hauling company $6.000 tonpose of this byproduct Garden is contacted by a fim interested in purchasino a modified form of thin byproduct for a total price of $7,000 Garden estimates that will cont about $35 per pint to do the required modification Should Garden accept the offer? Should Garden accept the offer? Will net income increase or decrease? By how much? Choose from any list or enter any number in the input fields and then continue to the next