Question: com syrup and com starchusing a common production process. In Ju Rovet Company is one of the world's leading com refiners. It produces two joint
com syrup and com starchusing a common production process. In Ju Rovet Company is one of the world's leading com refiners. It produces two joint products 2017, Rovet reported the following production and selling price information: (Click the icon to view the information.) Requirement Allocate the $329,000 joint costs using the NRV method. (Round the weights to two decimal places.) Com syrup Corn starch Total Final sales value of total production Deduct separable costs NRV at splitoff point Weighting Joint costs allocated i Data Table Corn Syrup Corn Starch Joint Costs $ 329,000 $ 404,910 $ Joint costs (costs of processing corn to splitoff point) Separable cost of processing beyond splitoff point Beginning inventory (cases) Production and Sales (cases) Ending inventory (cases) Selling price per case 107,590 0 6,600 12,100 Enter any number in the edit fields 53 $
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