Allocating Joint Costs Using the Net Realizable Value Method A company manufactures three products, L-Ten, Triol, and Ploze, from a joint process. Each production run costs $12,300. None of the products can be sold at split off, but must be processed further. Information on one batch of the three products is as follows: Further Processing Eventual Market Product Gallons Cost per Gallon Price per Gallon L-Ten 3,600 $0.50 $2.90 Triol 4,100 1.00 5.20 Ploze 2,300 1.60 6.40 Required: 1. Allocate the joint cost to L-Ten, Triol, and Pioze using the net realizable value method. Round your allocation percentages to four decimal places and round the allocated costs to the nearest dollar. Joint Cost Grades Allocation L-Ten 2,880 Triol 5,740 Ploze 3,680 Total 12,300 2. What if it cost $2.00 to process each gallon of Triol beyond the split-off point? How would that affect the allocation of joint cost to the three products? Round your allocation percentages to four decimd places and round the allocated costs to the nearest dollar. Joint Cost Grades Allocation L-Ten 1,506 Triol 6,095 Pioze 4,701 Total 12,300