Wildrorse \& Sons produces tomato juice and tomato puree from fresh The compary purchases large...
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Accounting

Wildrorse \& Sons produces tomato juice and tomato puree from fresh The compary purchases large crates of tomatoes and then washes, sort which point the juice and the pulp are separately identifable. Wildhors further to transform it into his great-great-grandmother's secret-recip each of these products for one month are as follows. Wildhorse recently became aware of consumer preferences for flavored tomato juice. With some slight modifications to his facility, he could process the tomato juice further and turn it into clam-flavored tomato juice for an additional processing cost of $1,400. With no change in total volume, this flavored juice could sell for $36,000. Given this new information, recalculate the joint cost allocations for both joint products under the NRV method. (Round proportion to 4 decimal places, eg. 0.2516 and final answers to 2 decimal places, eg. 15.25.)
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