Question: Exercise 11-47 (Algo) Net Realizable Value Method (LO 11-3) Barrett Chemicals manufactures four chemicals. Chem-1. Chem-2. Chem-3, and Chem-4, from a joint process. The total
Exercise 11-47 (Algo) Net Realizable Value Method (LO 11-3) Barrett Chemicals manufactures four chemicals. Chem-1. Chem-2. Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows. Required: Barrett Chemicals uses the net realizable value method to allocate joint costs. What joint costs would be allocated to each product in May? Note: Round percentages to 2 decimals. Round your final answers to the nearest whole dollar amounts
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