Question: Exercise 11-48 (Static) 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 (Static) Net Realizable Value Method (LO 11-7) Deming \&Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, froma joint process. Additional information follows: Required: Assuming that total joint costs

Exercise 11-48 (Static) 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: Required: Assuming that total joint costs of $384,000 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.) Exercise 11-49 (Static) Physical Quantities Method (LO 11-8) Deming \& Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows. Required: Assuming that total joint costs of $384,000 were allocated using the physical quantities method, what joint costs were allocated to each product? (Do not round intermediate calculations.) Exercise 11-50 (Static) Sell or Process Further (LO 11-9) Deming \& Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows: Required: Which, if any, of the four products would you recommend Deming \& Sons sell at split-off (and not process further)? W10 W-20 W-30 W-40 None of the products

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