(Solved): Crane Inc. operates a lumber yard. Crane purchases the raw materials for $52400 and incurs addition ...

Crane Inc. operates a lumber yard. Crane purchases the raw materials for $\$52400$ and incurs additional processing costs of $\$36400$ to obtain three observable joint products. Further processing and final sales values for the products are as follows: What is the amount of joint costs assigned to the $25\mathrm{ft}$ board using the net realizable value (NRV) method? $\$27275$ $\$23229$ $\$41200$. $\$28740$