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Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost

Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $205,000:

After Split-Off

Product Units Produced and Sold Total Separable Costs Total Final Sales Value
M 18,500 $ 19,400 $ 245,000
N 12,500 18,200 225,000
T 13,500 4,400 42,000
Required:

How much of the joint cost should be allocated to each joint product using the net realizable value method? (Enter your answers in whole dollars.)

Product Allocated Joint Cost M ? N ? T ?

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