Question: Required information Problem 17-29 Joint Cost Allocation; Missing Data (LO 17-4) [The following information applies to the questions displayed below.) Gleed Company manufactures products Alpha,
Required information Problem 17-29 Joint Cost Allocation; Missing Data (LO 17-4) [The following information applies to the questions displayed below.) Gleed Company manufactures products Alpha, Beta, and Gamma from a joint process. Production, sales, and cost data for July follow. Units produced Joint cost allocation Sales value at split-off Additional costs if processed further Sales value if processed further Alpha Beta Gamma Total 5,800 3,080 1.720 10,600 $ 79,200 ? $ 114,000 ? $ 33,000 $220,000 $ 10,900 $ 8,300 $ 6,100 $ 25,300 $181,000 $77,500 $ 71,000 $329,500 Problem 17-29 Part 3 3. Use the net-realizable-value method to allocate the joint production costs to the three products. (Round the calculation of relative proportions to two decimal places.) Allocation of Joint Costs Alpha Beta Gamma
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