st Sinclair Company is one of the world's leading com refiners. It produces two joint products, com syrup and comtarch, using a common production process. In July. Sinclair reported the following production and selling price information Click the icon to view the production and selling price information) Required Allocate the $325,000 joint costs using the NRV method Com Syrup Comstarch, Total (Round the weightings to two decimal places.) Final sales value of total production Deduct separable costs NRV at splitoff point Weighting Joint costs allocated CHO K Sinclair Company is one of the world's leading corn refiners. It produces two joint products, selling price information: (Click the icon to view the production and selling price information.) Required Allocate the $325,000 joint costs using the NRV method. (Round the weightings to two decimal places.) Corn Syrup Cornstarch Total Final sales value of total production Deduct separable costs NRV at splitoff point Weighting Joint costs allocated Points: 0 of 10 y is one of the world's leading com refiners. It produces two joint products, corn syrup and cornstarch, using a common production process. I mation: on to view the production and selling price information.) 5,000 Production and selling price information hting Corn Syrup Cornstarch Joint Costs Joint costs (costs of processing corn to splitoff point) $ 325,000 ue of ble co point ocated Separable cost of processing beyond splitoff point $375,000 $ 93,750 Beginning inventory (cases) Production and sales (cases) Ending inventory (cases) Selling price per case 0 0 12,500 6,250 0 0 50 $ 25 Print Done - X