Allocating Joint Costs Using the Net Realizable Value Method

A company manufactures three products, L$-$Ten, Triol, and Pioze, from a joint process. Each production run costs $$12,900.$ 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:

$\backslash$table$[[$Product$,$Gallons,$\backslash$table$[[$Further Processing$],[$Cost per Gallon$]],\backslash$table$[[$Eventual Market$],[$Price per Gallon$]]],[$L$-$Ten,$3,500,$$$0\mathrm{.}50,$$$2\mathrm{.}00$