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Exercise 11-47 (Algo) Net Realizable Value Method (LO 11-3) Barrett Chemicals manufactures four chemicals, Chem-1,...

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Exercise 11-47 (Algo) Net Realizable Value Method (LO 11-3) Barrett Chemicals manufactures four chemicals, Chem-1, Chem-2, Chem-3, and Chem-4, from a joint process. The total joint costs in May were $564,000. Additional information follows: Product Units Produced Sales Value at Split-off Add If Proces ditional Costs sed Fur rther Chem-1 305,000 $ 237,000 $ 34,400 S 2 277,000 Chem-2 193,000 281,000 31,100 307,000 Chem-3 209,000 166,600 26,600 197,000 Chem-4 161,000 263,400 28,000 287,000 868,000 $ 948,000 $ 120,100 $ 068,000 Required: Barrett Chemicals uses the net realizable value method to allocate joint costs. What joint costs would be allocated to each product in May? Note: Round percentages to 2 decimals. Round your final answers to the nearest whole dol

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