The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint
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The following questions relate to Kyle Company, which manufactures products KA, KB, and KC from a joint process. Joint product costs were $189,000. Additional information follows.
Requireda. Assuming that joint product costs are allocated using the physicalquantities (units produced) method, what was the total cost of product KA (including $54,000 if processed further)?b. Assuming that joint product costs are allocated using the sales value at split-off (net realizable value method), what was the total cost of product KB (including the $42,000 if processed further)?
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259969478
6th edition
Authors: William N. Lanen, Shannon Anderson, Michael W Maher
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