arvin, inc., produces two products, ins and outs, in a single process. the joint costs of this process were $50,000, and 15,000 units of ins and 35,000 units of outs were produced. separable processing costs beyond the split-off point were as follows: ins, $110,000; outs, $435,000. ins sell for $8.00 per unit; outs sell for $15.00 per unit. required: 1. allocate the $50,000 joint costs using the estimated net realizable value method. allocated joint cost ins $fill in the blank 1 6,000 outs $fill in the blank 2 2. suppose that ins could be sold at the split-off point for $7.00 per unit. should arvin sell ins at split-off or process them further? ins should not be processed further as there will be $fill in the blank 4 more profit if sold at split-off.
