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Tango Company produces joint products M, N, and T from a joint process. This information...

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Accounting

Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $155,000:

Product Units Produced and Sold After Split-Off
Total Separable Costs Total Final Sales Value
M 13,500 $ 10,000 $ 195,000
N 7,500 15,900 175,000
T 8,500 6,100 32,000

Required:

How much of the joint cost should be allocated to each joint product using the net realizable value method? (Do not round intermediate calculations. Enter your final answers in whole dollars.)

Required:

How much of the joint cost should be allocated to each joint product using the net realizable value method? (Do not round intermediate calculations. Enter your final answers in whole dollars.)

ProductAllocated Joint Cost M N T

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