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Use the information below to answer the following question(s) .Cranbrook Chemical Ltd.manufactures two industrial compounds.In the month of May, 15,000 litres of direct material costing $160,000 were processed at a cost of $400,000.The joint process yielded 16,000 containers of a compound known as Jarlon and 4,000 containers of a compound known as Kharton.The respective selling prices of Jarlon and Kharton are $38 and $58.Both products may be processed further.Jarlon may be processed into Jaxton at an incremental cost of $8 per jar of the final product while Kharton may be processed into Kraxton at an additional cost of $32 per jar of the final product.The volume of jars of the final product are: 12,000 and 3,000 for Jaxton and Kraxton respectively.The selling price of Jaxton is $48 per jar.The selling price of Kraxton is $102 per jar.
-Using the NRV method, the amount of joint costs allocated to Jaxton is

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Definitions:

Greater Discount

A larger reduction in price offered on goods or services, typically used as a sales promotion strategy to encourage purchasing.

Losing a Client

The process or event where a business or individual loses a customer or client, typically resulting in a loss of revenue and/or relational capital.

Arbitrator Negotiation

A negotiation process where a neutral third party helps resolve a dispute by making a decision that is binding for all involved parties.

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