Question: 5 Points 32. Constant-Margin Percentage NRV Method 1. Compute the Allocated Joint Costs for each product by using the Constant - Margin Percentage NRV Method

5 Points 32. Constant-Margin Percentage NRV Method 1. Compute the Allocated

Joint Costs for each product by using the Constant - Margin Percentage

5 Points 32. Constant-Margin Percentage NRV Method 1. Compute the Allocated Joint Costs for each product by using the Constant - Margin Percentage NRV Method and following information: The company has the following information: Total Final Sale Value $1,600,000 Total Joint and Separable Costs S1,200,000 Gross Margin $ 400,000 Total Main Product A $500,000 Main Product B $1,100,000 $1,600,000 Final sales value of total production Gross Margin (%) Gross Margins Total Costs Separable Costs $400,000 $280,000 $520,000 $800,000 Joint Cost? Show your work

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