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Alberta Barley Company (ABC) buys barley and processes the grain into other usable products. Barley can be used in flour mixes, food additives, beer production, whiskey production, animal feeds, or in cereals. Each tonne of barley that ABC purchases for $400 can be converted for an additional $200 into 250 kilograms of crushed barley and 1,000 litres of barley malt (used in vinegar production, beer production and whiskey production). A kilogram of crushed barley can be sold at the splitoff point for $2/kg and a litre of barley malt can be sold for $.40 per litre. ABC can process the 250 kilograms of crushed barley into 300 kilograms (including water content) of barley flakes which can be sold to cereal makers at an additional cost of $350. Each kilogram of barley flakes can be sold for $2.50 per kilogram. The 1,000 litres of barley malt can be further processed into 1,000 litres of barley malt vinegar at a cost of $400. Each litre of malt vinegar can be sold for $1.00 per litre. Required: For the following multi-choice questions, submit your written work (answers) from the multi-choice questions here. Each multi-choice question is worth 4 marks in total - 3 marks for showing the correct work here and one mark for answering the correct multi-choice. Required: Allocate the joint costs to the malt vinegar using Net Realizable Value Method. Round to nearest dollar. (4 marks - 1 mark for correct multi-choice answer and 3 other marks for showing correct work in the workspace question provided - pick correct multi-choice answer below and then add any work to Alberta Barley Company's answer workspace question). $125 $600 $240 $375 $360 Required: For Alberta Barley Company, allocate the joint costs to the barley malt using Sales Value at Splitoff Method. Round to nearest dollar. (4 marks - 1 mark for correct multi-choice answer and 3 other marks for showing correct work in the workspace question provided - pick correct multi-choice answer below and then add any work to Alberta Barley Company's answer workspace question). $267 $222 $278 $400 $333

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