Question: Exercise 11-45 (Algo) Net Realizable Value Method to Solve for Unknowns (LO 11-7) GG Products, Inc., prepares tips and stems from a joint process using

Exercise 11-45 (Algo) Net Realizable Value Method to Solve for Unknowns (LO 11-7) GG Products, Inc., prepares tips and stems from a joint process using asparagus. It produced 210,000 units of tips having a sales value at the split-off point of $92,000. It produced 210,000 units of stems having a sales value at split-off of $23,000. Using the net realizable value method, the portion of the total joint product costs allocated to tips was $50,400. Required: Compute the total joint product costs before allocation. (Do not round intermediate calculations.)

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