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The Robert Company produces three products - product X, product Y and product Z. These products are produced from a single raw material in a

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The Robert Company produces three products - product X, product Y and product Z. These products are produced from a single raw material in a joint production process. The products do not have a market value at split-off point and require a further processing to place them in the saleable condition. The joint production cost for a recently completed production run is $16,500, Other relevant dato is given below: Required: Allocate joint production cost to joint products using the below table assuming the Robert company uses the Net Realizable Value method of joint cost allocation

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