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Required information Exercise 17-22 Net-RealizabIe-Value Method; Joint Cost Allocation (LO 17-4) [The following information applies to the questions displayed below. J Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Quantity at Sales Price Joint Cost Cereal Splitiff Point per Kilogram $99,000 Yummies 12,900 kilograms $6.90 Crummies 8,900 kilograms 8.40 Breakfasttime Cereal Company has an opportunity to process its Crummies further into a mulch for ornamental shrubs. The additional processing operation costs $2.40 per kilogram, and the mulch will sell for $15.00 per kilogram. Exercise 17-22 Part 1