Storey Corp. manufactures three products in a joint process. Each of the products can be sold at

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Storey Corp. manufactures three products in a joint process. Each of the products can be sold at split-off or may be processed further. Using the following per unit information, determine which of the products should undergo furtherprocessing.

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111971724

9th edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Question Posted: Jun 03, 2014 09:47 AM

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Storey Corp. manufactures three products in a joint process. Each of the products can be sold at

Question:

JP# 1 JP#2 JP#3 Sales value at split-off Sales value after further processing Joint costs allocated at split-off Costs of further processing $360 410 215 $290 330 185 25 $585 650 380 45

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Cost Accounting Foundations and Evolutions

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