Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes.

Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During the summer of 20X2, the joint costs of processing the tomatoes were $420,000. 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 Split-off Point

Separable Costs

Selling Price

Catsup

100,000

6 per case

$3.00 per case

28 per case

Juice

150,000

8 per case

5.00 per case

25 per case

Canned

200,000

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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