Tango Company produces joint products M, N, and T from a joint process. This information...
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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 $180,000: After Split-Off Product Units Produced and Sold Total Separable Costs Total Final Sales Value M $ 14,200 N T 16,000 10,000 11,000 Product 15, 200 7,600 Required: How much of the joint cost should be allocated to each joint product using the net realizable value method? (Do not round intermediate calculations. Enter your final answers in whole dollars.) Answer is complete but not entirely correct. Allocated Joint Cost $ 127,800 X S 32,400 S 19,800 M N T $ 220,000 200,000 37,000
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