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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 $140,000

Product Units Production and Sold Total Separable Costs Total Final Sales Value

M

12,000

$13,400 $180,000
N 6,000 10,000 160,000
T 7,000 5,200 29,000

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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