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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 $145,000: Product M Units Produced and Sold 12,500 6,500 7,500 After Split-Off Total Separable Total Final Sales Costs Value $ 17,000 $ 185,000 11,000 165,000 2,000 30,000 N T 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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