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Sesnie Company is one of the world's leading corn refiners. It produces two joint products - corn syrup and corn starch using a common production

Sesnie Company is one of the world's leading corn refiners. It produces two joint products-corn syrup and corn starchusing a common production process. In July 2020, Sesnie reported the following production and selling-price information:
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Requirement
Allocate the $329,000 joint costs using the NRV method. (Round the weights to two decimal places.)
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