In: Accounting
Corporation produces three outputs: X, Y, ands Z from one input. The sales value of X at splitoff is $100,000. The sales value of Y at split off is $200,000 and the net realizable value of Z is $20,000. Final sales values are $200,000, $300,000 and $25,000 for X, Y, and Z, respectively. However, these prices are subject to erratic change. Additional processing costs for X, Y, and Z are $50,000, $75,000 and $10,000, respectively. The number of units of each product are 60,000 of X, 60,000 of Y and 30,000 of Z. The total joint costs are $150,000. (You may round your answers to the nearest dollar.
1. Diagram the joint cost process using the values above,
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