Webster Company produces 29,000 units of product A, 24,000 units of product B, and 18,000...
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Webster Company produces 29,000 units of product A, 24,000 units of product B, and 18,000 units of product C from the same manufacturing process at a cost of $420,000. A and B are joint products, and C is regarded as a by-product. The unit selling prices of the products are S40 for A. S35 for B, and S1 for C. None of the products require separable processing. Of the units produced, Webster Company sells 22,000 units of A, 23,000 units of B, and 18,000 units of C. Th allocate joint costs and by-product costs. Assume no beginning inventory. (Do not round intermediate calculations.) e firm uses the net realizable value method to Required: 1. What is the value of the ending inventory of product A? Ending inventory 2. What is the value of the ending inventory of product B? Ending inventory
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