Borel Company Borel Company Produces Three Products from the Same Process and Process

Essay

Borel Company
Borel Company produces three products from the same process and incurs joint processing costs of $3,000.
Disposal costs for the products if they are processed further are:
M, $3.00; N, $5.50; Q, $1.00.
Refer to Borel Company. What amount of joint processing cost is allocated to the three products using net realizable value at split-off?