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Use the following information to answer Questions 15 and 16. The Whitehorse Company produces three joint products at a joint cost of $225,000. Two of

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Use the following information to answer Questions 15 and 16. The Whitehorse Company produces three joint products at a joint cost of $225,000. Two of these products are processed further beyond the split of point. Production and sales were as follows. WHITEHORSE COMPANY PRODUCTION AND SALES INFORMATION FOR PRODUCTS MANUFACTURED IN A JOINT PROCESS Sales Value at Split Off Additional Processing Costs Product Volume 500,000 gallons 350,000 S 150,000 S Y100,000 gallons 25.000 225,000 100,000 gallons 75,00 -15. If the net realizable value method is used and product Y is accounted for a joint product, how much of the joint costs (rounded to the nearest wh dollar) would be allocated to product Z? (a) $84,375. (b) $85,714. (c) $78,261. (d) $90,000. Assume Y is a byproduct whose net realizable value is credited to the j production costs before they are allocated to the main products.If company uses the net realizable value method to allocate joint costs, much of the joint costs would be allocated to product Z? (a) $84,375. (b) $85,714. (c) $78,261. (d) $90,000. 16

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