Question: Please show the steps necessary to solve it Milo Manufacturing produces products Kappa and Lambda from a Joint process. Total Joint costs are $165,000_ The

Milo Manufacturing produces products Kappa and Lambda from a Joint process. Total

Please show the steps necessary to solve it

Milo Manufacturing produces products Kappa and Lambda from a Joint process. Total Joint costs are $165,000_ The sales value at split- off was $172,800 for 7,200 units of Kappa and $63,280 for 10,800 units of Lambda. Required: a. What joint costs are allocated to the two products using the net realizable value at split-off approach? Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amounts. b. What joint costs are allocated to the two products using the physical quantities method? Note: Do not round intermediate calculations. a Net realizable value method b. Physical quantities method s 120773- 66,000 s 44 227 99,000

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