The Canning Company processes A, B, and C. During the summer of 2011, the joint costs of processing were $900,000.
The Canning Company processes A, B, and C. During the summer of 2011, the joint costs of processing were $900,000.
There was no beginning or ending inventories for the summer. Production and sales value information for the summer is as follows:
| Product | Cases | Sales Value at Splitoff Point | Separable Costs | Selling Price |
| A | 200,000 | $6 per case | $3.00 per case | $28 per case |
| B | 350,000 | 8 per case | 5.00 per case | 25 per case |
| C | 400,000 | 5 per case | 2.50 per case | 10 per case |
Question: Determine the amount allocated to each product if the estimated net realizable value method is used, and compute the cost per case for each product.
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