Joint cost allocation - net realizable value method Nature's Garden inc. produces wood chips, wood pulp, and mulch. These products are produced through harvesting trees and sending the logs through a wood chipper machine. One batch of logs produces 20,546 cubic yards of wood chips, 14,200 cubic yards of muich, and 9,494 cubic yards of wood pulp. The joint production process costs a total of $30,000 per batch. After the split-off point, wood chips are immediately sold for $28 per cubic yard while wood pulp and mulch are processed further. The market value of the wood pulp and mulch at the split-off point is estimated to be 520 and $23 per cubic yard, fespectively. The additional production process of the wood pulp costs $4 per cubic yard, after which it is sold for $30 per cubic yard. The additional production process of the mulch costs $3 per cubic yard, after which it is sold for $33 per cubic yard. This information has been collected in the Microsoft Excel Online file, Open the spreadsheet, perform the required analysis, and input your answers in the question belaw. x Open spreadsheet Allocate the joint costs of production to each product using the net realizable value method. Do not round intermediate calculations. Round your answers to th Nataire's Garden ine. produces wood chipe, wood pulb, and mulch. These producte are produced twough Using formulas and cel rologences, perorm the required analyak, and input your answers into the B, C, D. E. F. and G columns. Use the blue entry cells (B14.516, E17) for intermedase calculations. Transfer the numeric resuti for the graen entry cwlls (G14 G17) inte the appropriate Solds in CNOWv2 for grading