muestion Completion Status: Close Window A Moving to another question will save this response. Question 16 of 17 > >> Question 16 15 points Save Answer Free-response question #3: Joint products The Cygnus Company buys a container with 5,000 gallons of raw milk for $6,800 and separates the raw milk into 4,000 gallons of skim milk and 1,000 gallons of cream (the separation process costs $400). The value of the skim milk and the cream is unknown at the split-off point. The skim milk goes through further processing that costs $0.50 per gallon and can be sold then for $2.00 per gallon. The cream goes through further processing of $1.25 per gallon and can be sold for $5.25 per gallon. Required: Allocate the joint cost to both products (skim milk and cream) using the net realizable value method (explain your answer with calculations). Paragraph Arial 3 (12pt) T O fx Mashups HTML CSS