Question: . Exercise 1 1 - 5 1 ( Static ) Estimated Net Realizable Value Method ( LO 1 1 - 3 ) Forest Products, Incorporated,
Exercise Static Estimated Net Realizable Value Method LO
Forest Products, Incorporated, manufactures three products FP FP and FP from a single, joint input. None of the products can be sold without further processing. In November, joint product costs were $ Additional information follows:
Required:
Forest Products uses the estimated net realizable value method to allocate joint costs. What joint costs would be allocated to each of the three products in November?
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