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QUESTION 3 United Corporation processes a patented chemical, P-1, and produces two outputs, P.A1 and...

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QUESTION 3 United Corporation processes a patented chemical, P-1, and produces two outputs, P.A1 and P-B2. In August, the costs to process P-1 are $144,000 for materials and $268.000 for conversion costs. P.At has a sales value of $640,000 and P-12 has a sales value of $160,000. Required 1. Using the net realisable value method, assign costs to P.A1 and P-82 for August. 2. Calculate the Gross margin and the percentage of both products QUESTION 3 United Corporation processes a patented chemical, P-1, and produces two outputs, P.A1 and P-B2. In August, the costs to process P-1 are $144,000 for materials and $288,000 for conversion costs. P-A1 has a sales value of $640,000 and P-12 has a sales value of $160,000. Required 1. Using the net realizable value method, assign costs to P.A1 and P-B2 for August 2. Calculate the Gross margin and the percentage of both products

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