Question: Exercise 11-48 (Algo) Net Realizable Value Method (LO 11-7) Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint

Exercise 11-48 (Algo) Net Realizable Value Method (LO 11-7) Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: Units Product Produced W-10 54,600 W-20 39,000 W-30 31,200 $324,000 279,000 189,000 Sales Value at Split-Off If Processed Further Additional Costs $35,000 Sales Values $ 355,000 27,900 324,000 18,900 234,000 W-40 31,200 156,000 144,000 $936,000 11,700 $93,500 156,000 $1,069,000 Required: Assuming that total joint costs of $327,600 were allocated using the sales value at split-off (net realizable value method), what joint costs were allocated to each product? (Do not round intermediate calculations.) Product NRV at Split- Off Joint Costs Allocated W-10 W-20 W-30 W-40

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