View Policies Current Attempt in Progress J-M Company uses a joint process costing $15,000 to produce three main products. The company had no beginning inventory. Its current period operation data follow Units Sales Value Separable Sales Value After Units Product Produced at Split-Off Costs Further Processing Sold S 500 $5,000 $500 $7,000 400 T 450 6,000 650 9,000 300 R 300 9,000 700 10,000 250 If J-M uses the net realizable value method and performs further processing after the split-off point, what is the carrying value of the ending inventory for product S? Note: the sales values above are based on units produced. $803 O $1,134 O $907 O $1,009 Save for Later Attempts: 0 of 1 used Submit Answer