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: If Processed Further Product W-1e W-20 W-30 W-40 Units Produced 49,000 35,000 28,000 28,000 140,000 Sales Value at Split-off $292,000 251,000 169,000 128,000 $840, 800 Additional Costs Sales Values $ 31,400 $319,000 25, 100 292,000 16,900 210,000 10,500 140,000 $83,900 $961,000 Required: Assuming that total joint costs of $336,000 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 Joint Costs Off Allocated s 117,600 s 117,600 W-10 W-20 W-30 W-40 Prey 1 of 5 !!! Next m W 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: If Processed Further Product W-10 W-20 W-30 W-40 Units Produced 49,000 35,000 28,000 28,000 140,000 Sales Value at Split-Off $292,000 251,000 169,000 128,000 $840,000 Additional Costs Sales Values $ 31,400 $319,000 292, 290 210,000 10,500 140,000 $83,900 $961,000 25, 100 16,900 Required: Assuming that total joint costs of $336,000 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 Joint Costs Off Allocated $ 117,600 $ 117,600 W 10 W 20 W-30 W-40 Prey 1 of 5 Next >