Question: Question 21 > Score: 0 of 20 points Submit Test Silver Chef Company processes tomatoes into ketchup, tomato juice, and canned tomatoes. During July 2020,

Question 21 > Score: 0 of 20 points Submit Test Silver Chef Company processes tomatoes into ketchup, tomato juice, and canned tomatoes. During July 2020, the joint costs of processing the tomatoes were $2,085,000. The company maintains no inventories. Production and sales information follows: i (Click the icon to view the production and sales information.) Determine the amount of joint cost allocated to each product if Silver Chef uses the estimated net realizable value method. What is the cost per case for each product? Begin by determining the amount of joint cost allocated to each product if Silver Chef uses the estimated net realizable value method. (Round the percentages to the nearest whole number.) Final Total Net Total Total Sales Separable Realizable Joint Costs Separable Product Product Value Costs Value Percentage Costs Allocated Costs Costs Ketchup % Juice % X Canned % More Info What is the cost per case for each product? (Round the cost per case to the nearest Sales Value at Product Cost per case Product Cases Splitoff Point Separable Costs Selling Price $30 per case Ketchup Ketchup 106,000 $3 per case $2 per case 176,000 $5 per case $2 per case $26 per case Juice Juice $3 per case Canned Canned 209,000 $7 per case $11 per case Print Done Enter any number in the edit fields and then continue to the next question. Time Remaining: 01:20:29 Next MacBook DD F12 F9 F10 F8 F6 F3 esc F1 % 8 9 # @ 5 6 N
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