% Problem 15-33 (alt1) Question Help NW Flour Company buys 1 input of standard flour and refines it using a special sifting process to 3 cups of baking flour and 9 cups of bread flour. In May 2017, NW bought 11,200 inputs of flour for $88,500. NW spent another $47,700 on the special sifting process. The baking flour can be sold for $3.65 per cup and the bread flour for $4.95 per cup. 1 NW puts the baking flour through a second process so it is super fine. This costs an additional $1 per cup of baking flour and the process yields cup of super-fine baking flour for every one cup of baking flour used. The super-fine baking flour sells for $9.90 per cup. Required $ 132,720 $ 498,960 $ 631,680 Net realizable value at splitoff Weighting Joint costs allocated 0.2100 0.7900 $ 28,616 $ 107,584 $ 136,200 Requirement 1d. Allocate the $136,200 joint cost to the super-fine baking flour and the bread flour using the constant gross-margin percentage NRV method of joint-cost allocation. (Round the gross margin percentage to two decimal places, X.XX%. Round your answers to the nearest whole dollar.) Super-Fine Baking Flour Bread Flour Total Final sales value of total production 166,320 498,960 Deduct gross margin, using overall gross- margin percentage of sales Total production costs Deduct separable costs Joint costs allocated Enter any number in the edit fields and then click Check