tly product and cost allocation Dover Studio shot hundra of hours of footage that com 120.000.000 from this forget the company produced two movies Star World and Star World The Sequel. The sequined bother sound effects than the original, was significantly more expensive to produce and much better received the box Dover Studios to generated revenue from dissions pad by numerous means who wanted to tour the movie production set the compary accounted for this one is aby product and use it redute in cost before making locations to the two feature-anth movies The following formation perinto the two mons Produ Total Receipts Separate costs 110.000 CO w SECO 41.200.000 O joint cost is located based on ne realizable value how much of the joint cost is located to each mo? 16531 Sarwo Tucal b. Based on your locations in al how much profit was generated by each movie The Se 300 Oleck Question 5 Incorrect Mark 0.00 out of 10.00 P Flag question By-product and cost allocation Dover Studios shot hundreds of hours of footage that cost $20,000,000. From this footage, the company produced two movies: Star World and Star World: The the original, was significantly more expensive to produce, and was much better received at the box office. Dover Studios also generated revenue from admissions paid by numerous movie fans who wanted to tour the movie production set. The company accounter reduce joint cost before making allocations to the two feature-length movies, The following information pertains to the two movies: Products Total Receipts Separate costs Star World $10.000.000 56.800,000 Saar World: The Sequel 58.000.000 41.200.000 Studio tours 800.000 450,000 5 a If joint cost is allocated based on net realizable value, how much of the joint cost is allocated to each movie? Star World 3.148 X Saar World: The Sequel 16,531 x Tocal 19,680 X $ eBook B Print $20,000,000. From this footage, the company produced two movies: Star World and Star World: The Sequel. The sequel used better sound effects than and was much better received at the box office. paid by numerous movie fans who wanted to tour the movie production set. The company accounted for this revenue as a by-product and used it to ure-length movies a w much of the joint cost is allocated to each movie? enerated by each movie