Figure Joint Costs $472,400 Peanuts Department Processing of 160,000 lb Separable Costs 44,000 pounds Salting Department Processing $36,000 Salted Peanuts 44,000 pounds $9/lb 14,000 pounds Splitoff Point Paste Department Processing $11,000 Raw Peanuts 90,000 pounds $6/lb Peanut Butter 14,000 pounds $8/lb i Requirements 1. 2. Compute unit costs per pound for products A, B, and C, treating C as a byproduct. Use the NRV method for allocating joint costs. Deduct the NRV of the byproduct produced from the joint cost of products A and B. Compute unit costs per pound for products A, B, and C, treating all three as joint products and allocating joint costs by the NRV method.