Sawmill Joint manufacturing costs: $900,000 1Allocate the joint manufacturing costs to each grade, and calculate the cost
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1Allocate the joint manufacturing costs to each grade, and calculate the cost per board foot for each grade:
(a) Using the physical units method of allocation
(b) Using the sales-value-at-split-off method. Which method should the mill use? Explain. What is the effect on the cost of each proposed job if the mill switches to the sales-value-at-split-off method?
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a Using the physical units method of allocation Grade Units Allocated Joint Cost Firsts and seconds ...View the full answer
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Related Book For 
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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