Assuming that joint product costs are allocated using the relative sales-value at split-off approach, what were...
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Assuming that joint product costs are allocated using the relative sales-value at split-off approach, what were the joint costs allocated to product G? Units produced Joint cost Sales value at split-off 8,000 4,000 2,000 14,000 ? ? 18,000 120,000 P120,000 ? ? 200,000 Additional costs if processed further Sales value if processed further 14,000 10,000 6,000 30,000 140,000 60,000 50,000 250,000 Assuming that joint product costs are allocated using the relative sales-value at split-off approach, what were the joint costs allocated to product G? Units produced Joint cost Sales value at split-off 8,000 4,000 2,000 14,000 ? ? 18,000 120,000 P120,000 ? ? 200,000 Additional costs if processed further Sales value if processed further 14,000 10,000 6,000 30,000 140,000 60,000 50,000 250,000
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