Question

Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes.  During the summer of 20X2, the joint costs of processing the tomatoes were $420,000.  There was no beginning or ending inventories for the summer.  Production and sales value information for the summer is as follows:


Question: Determine the amount allocated to each product if the estimated net realizable value method is used, and compute the cost per case for each product.  (10points) 


$1.99
Sales3
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  • CreatedAugust 26, 2013
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