Question: help urgent!! SugarRay Inc. processes cane sugar into three products. During June the joint costs of processing were $240,000. Production and sales value information for

help urgent!! help urgent!! SugarRay Inc. processes cane sugar into three products. During

SugarRay Inc. processes cane sugar into three products. During June the joint costs of processing were $240,000. Production and sales value information for the month were as follows: Sales Value at Units Splitoff Separable Product Produced Sales Value Costs Sugar 12,000 $80,000 $24.000 Sugar syrup 8,000 $70,000 $64,000 Fructose syrup 4,000 $50,000 $32,000 Determine the amount of joint cost allocated to each product if the physical measure method is used. Product Joint cost allocated Sugar $ Sugar syrup $ Fructose syrup S Total S Round to the nearest thousand Determine the amount of joint cost allocated to each product if the net realizable value method is used. Joint cost allocated Product Sugar $ Sugar syrup $ Fructose syrup $ Total $

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