The Takita Company operates a simple chemical process to convert a single material into three separate items, referred to here as $x,Y,$ and Z$.$ All three end products are separated simultaneously at a single splitoff point.

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During $2020,$ the selling prices of the items and the total amounts sold were as follows:

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Read the requirements

$($a$)$ Start with the NRV cost allocation method. Begin by computing the net realizable value for total production at the point of splitoff and the weighting for each product. $($Enter the weights to two decimal places.$)$

Net realizable value of total production at splitoff

$\backslash$table$[[x,Y,Z,$Total$],[$$$400,{000}^{TT},$$$450,000,$$$150,{000}^{TT},$$$1,000,000$