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Please help with part (C) Whispering Group provides many of the laminated products that...

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Accounting

Please help with part (C) Whispering Group provides many of the laminated products that teachers use in their classrooms. Whispering management considers
the company to also be quite green, as it captures the small cut-out pieces and sells them to an organization that uses them in its
production of plastic tableware. To date, Whispering has treated these cut-outs as a by-product, since it receives a small value for the
items upon sale. The quantities and values of both the main laminated products and the small cut-outs, created in a joint process that
costs $1,200, are as follows. Both products are sold at the split-off point and not processed further. All sales are on account.
(a)
(b).
(c)
If 20% of the production for both products had been unsold as of year-end, how much imentory cost would remain on the balance
sheet for each product under (1) the sales method and (2) the production method? (Do not leave any answer field blank. Enter 0 for
amounts.)
(1) The sales method
(2) The production method
Please help with part "C"
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