Help Save & Exit Submit TB MC Qu. 7-44 (Algo) Joint costs allocated to product X using the net realizable value method: Split Company Split Company produces three products-X, Y, and Z-from a joint process. Each product may be sold at the split-off point or processed further Additional processing requires no special facilities, and production costs of further processing are entirely variable and traceable to the products Involved. Last year all three products were processed beyond split off Joint production costs for the year were $140,000. Sales values and costs needed to evaluate Split's production policy follow Units Product Produced Sales Value at If Processed Further Split Off Sales Value Additional Costs. x 12,000 $ 6,200 y 6,000 13,000 2 2,000 $ 45,000 30,000 36,000 $ 105,000 55,000 50,000 16,500 The amount of joint costs allocated to product X using the net realizable value method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar Multiple Choice O $26,908 $33.735