Joint cost allocation, relevant costs. (R. Capettini, adapted) Consider the following scenario. Each day a butcher

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Joint cost allocation, relevant costs. (R. Capettini, adapted) Consider the following ©

scenario. Each day a butcher buys a 200-kilogram pig for $360. The pig can be processed to 9 joint costs allocated yield the following three products: image text in transcribed

Day1 The butcher buys a pig. The $360 joint cost of the pig is allocated to individual aes pligerticee products based on the relative weights of the products. image text in transcribed

REQUIRED 1. Comment on the preceding series of decisions.
2. How would the joint costs be allocated to all three products using the sales value at splitoff method?
3. Should the operating income numbers from requirement 2 be used to determine whether the butcher is better off by selling or not selling individual products? Explain briefly.
LO1

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