TB MC Qu. 11-88 (Algo) The Mallak Company produced three joint... The Maltak Company produced three joint products at a joint cost of $110,000. Two of these products were processed further. Production and sales were: Product Weight Sales P 305,000 lbs. $253, 750 o 105,000 lbs. 35,000 R 105,000 lbs. 186,250 Additional Processing Costs $ 205,000 -0- 105,000 Assume Q is a by product and Mollak uses the cost reduction method of accounting for by product cost. If estimated net realizable value is used, how much of the joint costs would be allocated to product R? Multiple Choice $46.875 568750 $55,000 O JUD, UUU IUB. 203, 105,000 lbs. 35,000 105,000 lbs. 186,250 $203, VVU -0- 105,000 R Assume Q is a by-product and Mallak uses the cost reduction method of accounting for by-product cost. If estimated net realizable value is used, how much of the Joint costs would be allocated to product R? Multiple Choice $46,875 $68,750 $55,000 $41667