Star Company is one of the world's leading com refiners. It produces two joint products--com syrup and cornstarch--using a common production process. In July 2017 Star reported the following production and selling price information: FE (Click the icon to view the information.) Requirement Allocate the $320,000 joint costs using the NRV method (Round the weights to two decimal places.) Corn syrup Corn starch Total 1 Data Table Final sales value of total production Deduct separable costs NRV at splitoff point Weighting Joint costs allocated Com Syrup Com Starch Joint Costs 5 320.000 5 395,100 S 83.100 Joint costs (costs of processing corn to splitoff point) Separable cost of processing beyond splitoff point Beginning inventory (cases) Production and Sales (cases) Ending inventory (cases) Selling price per case 12 800 5700 50 $ Print Done Enter any number in the edit fields and then click Check Answer All parts showing Clear All