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QUESTION
SV at split off : pregoop = $45 * 5,000 = $225,000 Preslop = $65 * 4,500 = 292,500 Total = $517,500 Allocate joint costs: Goop: $435,000 * (225 /...
SV at split off : pregoop = $45 * 5,000 = $225,000 Preslop = $65 * 4,500 = 292,500 Total = $517,500 Allocate joint costs: Goop: $435,000 * (225 / 517.5) = $189,130 Slop: $435,000 * (292.5 / 517.5) = $245,870 What amount of joint costs will be allocated to Goop if the Net-realizable value method is used?
