Products X, Y, and Z are produced from the same process at a cost of $5,340. Five

Question:

Products X, Y, and Z are produced from the same process at a cost of $5,340. Five thousand pounds of raw material yields 2,300 X, 3,300 Y, and 1,800 Z. Selling prices are: X $2 per unit, Y $4 per unit, Z valueless. The of X is 66 units. What is the value of the if joint costs are allocated using net realizable value?
$21.27.
$30.80.
$39.60.
$41.60.
Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...