= Homework: Chapter 16 Question 3, Problem 16-33 (similar to) Part 4 of 9 HW Score: 54.7%, 35.56 of 65 points Points: 10.77 of 20 Save NW Flour Company buys 1 input of standard flour and refines it using a special sifting process to 3 cups of baking flour and 9 cups of bread flour. In May, NW bought 11,200 Inputs of flour for $91,500. NW spent another $48,300 on the special sifting process. The baking flour can be sold for $3.70 per cup and the bread flour for $5.00 per cup. NW puts the baking flour through a second process so it is super fine. This costs an additional $1 per cup of baking flour and the process yields cup of super-fine baking flour for every one cup of baking flour used. The super-fine baking flour sells for $9.90 per cup. Required Super-Fine Baking Flour Bread Flour Total Final sales value of total production S 166,320 $ 504,000 S Deduct separable costs 33,600 $ 0 Net realizable value at splitoff Weighting $ 132,720 $ 0.2084 504,000 $ 636,720 0.7916 Joint costs allocated S 29,134 $ 110,666 S 139,800 Requirement 1d. Allocate the $139,800 joint cost to the super-fine baking flour and the bread flour using the constant gross-margin percentage NRV method of joint-cost allocation. (Round the gross margin percentage to two decimal places, X.XX%. Round your answers to the nearest whole dollar.) Final sales value of total production Deduct gross margin, using overall gross-margin percentage of sales Total production costs Deduct separable costs Joint costs allocated Super-Fine Baking Flour Bread Flour Total Help me solve this Etext pages Get more help Clear all Check