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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
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 $130.000 After Split-off Units Produced and Total Separable Total Final Sales Product Sold 11,000 5.000 6,000 Costs $ 10,000 9.200 7,800 Value $170,000 150,000 27,000 Required: How much of the joint cost should be allocated to each joint product using the net realizable value method? (Do not round intermediate calculations. Enter your final answers in whole dollars.) Product Allocated Joint Cost M N T
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