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Rouse Company is one of the world's leading com refiners. It produces two joint products-com synup and com starch-using a common production process. In July

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Rouse Company is one of the world's leading com refiners. It produces two joint products-com synup and com starch-using a common production process. In July 2017, Rouse reported the folowing production and selling-price information: (Click the icon to view the information.) Requirement Allocate the $325,000 joint costs using the NRV method. (Round the weights to two decimal places) Com syrup Com starch Total Final sales value of total production Deduct separable costs NRV at splitoff point Weighting Joint costs alocated 00 joint costs using the NRV method. (Round the weights to two decimal places.) Corn iData Table f total production costs Corn Syrup Corn Starch Joint sts nt Joint costs (costs of processing corn to splitoff point) $ 325,000 Separable cost of processing beyond splitoff point $ 403,290 $ 87,310 ed Beginning inventory (cases) 0 0 Production and Sales (cases) 12,600 6,100 Ending inventory (cases) 0 0 52 $ 24 Selling price per case Print Done

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