Question: Allocating Joint Costs Using the Net Realizable Value Method begin{tabular}{lccc} Product & Gallons & FurtherProcessingCostperGallon & EventualMarketPriceperGallon hline L-Ten & 3,000 & $0.60 &

Allocating Joint Costs Using the Net Realizable Value Method \begin{tabular}{lccc} Product & Gallons & FurtherProcessingCostperGallon & EventualMarketPriceperGallon \\ \hline L-Ten & 3,000 & $0.60 & $2.60 \\ Triol & 3,500 & 0.90 & 5.40 \\ Pioze & 2,400 & 1.60 & 6.80 \end{tabular} Required: \begin{tabular}{|c|c|} \hline Grades & JointCostAllocation \\ \hline L-Ten & $ \\ \hline Triol & \\ \hline Pioze & \\ \hline Total & $ \\ \hline \end{tabular} \begin{tabular}{ll} Grades & Joint Cost \\ \hline L-Ten & Allocation \\ Triol & \\ Pioze & Total \\ \hline \end{tabular}
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