Exercise 11-44(Algo) Estimated Net Realizable Value Method -- Solve for Unknowns (LO 11-3) ...
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Accounting
Exercise Algo Estimated Net Realizable Value Method Solve for Unknowns LO
Gunston Processing produces two products, ALT and ALT from a batch using a single raw material, ALT Both products require further processing before they be can be sold. A batch of ALT can be sold for $ after processing costs of $ A batch of ALT can be sold for $ after further processing. The cost of ALT is $ for a batch. Using the estimated net realizable value method, a joint cost of $ was allocated to ALT for a batch.
Required:
Compute the separable processing cost for a batch of ALT
Note: Do not round intermediate calculations.
Processing cost
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