Finding Missing Data- Net Realizable Value: Air Extracts, Inc., manufactures nitrogen, oxygen and hydrogen from a joint pro- cess. Each gas can be liquified and sold for more. Data on the process are as follows:

Required: Determine the values for the lettered spaces.

Units produced Joint costs Sales value at split-off Additional costs to liquify Sales value it liquified Nitrogen 8,000 $ 72,000 Product Oxygen 4,000 Hydrogen Total 2,000 14,000 a b $120,000 d $30,000 200,000 14,000 $10,000 6,000 30,000 140,000 60,000 40,000 240,000