need complete and correct answer with working Denver Fabricators manufactures products DF1 and DF2 from a joint process, which also yields a by-product, BP. The companyaccounts for the revenues from its by-product sales as other income. Additional information follows:Units producedAllocated joint costsSales value at split-offDF1DF2BPDF128, 100$ 569,250 $ 189,750Joint CostDF219, 100BP16,100?$ 103, 100TotalRequired:Assuming that joint product costs are allocated using the net realizable value at split-off approach, what joint costs are allocated toeach of the joint products DF1 and DF2 and to the by-product, BP?Note: Do not round intermediate calculations.63,300$ 561,100$ 862, 100

Answer:- Joint costing meaning:- The cost incurred that applies to many products is known as the…

Denver Fabricators manufactures products DF1 and DF2 from a joint process, which also yields a by-product, BP. The company accounts for the revenues from its by-product sales as other income. Additional information follows: Units produced Allocated joint costs Sales value at split-off DF1 DF2 BP DF2 ВР DF1 28, 100 19, 100 16,100 $ 569,250 $ 189,750 $ 103, 100 Required: Assuming that joint product costs are allocated using the net realizable value at split-off approach, what joint costs are allocated to each of the joint products DF1 and DF2 and to the by-product, BP? Note: Do not round intermediate calculations. Joint Cost Total 63,300 $ 561,100 $ 862, 100