Question: Current Attempt in Progress Sheridan Inc. operates a lumber yard. Sheridan purchases the raw materials for $54400 and incurs additional processing costs of $35600 to

Current Attempt in Progress Sheridan Inc. operates a lumber yard. Sheridan

Current Attempt in Progress Sheridan Inc. operates a lumber yard. Sheridan purchases the raw materials for $54400 and incurs additional processing costs of $35600 to obtain three observable joint products. Further processing and final sales values for the products are as follows: What is the amount of joint costs assigned to the 25 ft board using the net realizable value (NRV) method? $24055.$43700$29863.$28155

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