stay in Protected View Enable Editing 123456 Problem #1 Sugar Cane Company processes sugar beets into three products. During April, the joint costs of processing were $120,000. Production and sales value information for the month were as follows: Product Units Produced Sugar Sugar Syrup Fructose Syrup 6,000 4,000 2,000 Sales Value at Splitoff Point $40,000 35,000 25,000 Separable costs $12,000 32,000 16,000 Required: Determine the amount of joint cost allocated to each product if the sales value at: splitoff method is used 2. Net realizable value is used