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Tango Company produces joint products M, N, and T from a joint process. This information...

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Question

Accounting

Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $220,000:

After Split-Off
Product Units Produced and Sold Total Separable Costs Total Final Sales Value
M 20,000 $ 20,000 $ 260,000
N 14,000 20,000 240,000
T 15,000 5,000 45,000

Required:

How much of the joint cost should be allocated to each joint product using the net realizable value method? (Enter your answers in whole dollars.)

SHOW WORK. Thank you.

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