Question: Part 2 : Alpine Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During the summer, the joint costs of processing the tomatoes

Part 2: Alpine Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During the summer, the joint costs of processing the tomatoes were $480,000. There was no beginning or ending inventories for the summer. Production and sales value information for the summer were as follows:

Part 2: Alpine Canning Company processes tomatoes into catsup, tomato juice, and

Required: a. Determine the amount allocated to each product if the estimated net realizable value method is used. b. Determine the amount allocated to each product if the physical units method is used.

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