$.$

Exercise $11-46($Static$)$ Net Realizable Value Method with By$-$Products $($LO $11-3,5)$

References

Denver Fabricators manufactures products DF$1$ and DF$2$ from a joint process, which also yields a by$-$product, BP$.$ The company accounts for the revenues from its by$-$product sales as other income. Additional information follows:

Required:

Assuming that joint product costs are allocated using the net realizable value at split$-$off approach, what joint costs are allocated to each of the joint products DF$1$ and DF$2$ and to the by$-$product, BP$?$

Note: Do not round intermediate calculations.