Basic joint product costing Below are production and sales data for three joint products. Joint costs are
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Basic joint product costing Below are production and sales data for three joint products. Joint costs are $35,000.
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Production Selling Cost After Product Quantity Price Split-Off Sales Quantity M1 1,500 $10 $3,000 1,200 N1 2,500 12 2,200 Q1 1,000 15 7,000 600
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