Question: Check my work Exercise 11-43 (Algo) Net Realizable Value Method (LO 11-7) Euclid Corporation processes a patented chemical, P.1, and produces two outputs, P-11 and

11-7) Euclid Corporation processes a patented chemical, P.1, and produces two outputs,

Check my work Exercise 11-43 (Algo) Net Realizable Value Method (LO 11-7) Euclid Corporation processes a patented chemical, P.1, and produces two outputs, P-11 and P-12. In August, the costs to process P-1 are $190,000 for materials and $350,000 for conversion costs, P.11 has a sales value of $704,000 and P-12 has a sales value of $176.000. Required: Using the net realizable value method, assign costs to P.11 and P12 for August. (Do not round Intermediate calculations.) 30 Cast Assigned P.11 P-12

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