A company processes a patented chemical, D-12, and produces two outputs, C-30 and C-40. In March, the

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A company processes a patented chemical, D-12, and produces two outputs, C-30 and C-40. In March, the costs to process D-12 are $225,000 for materials and $450,000 for conversion costs.

C-30 has a sales value of $1,000,000 and C-40 has a sales value of $250,000.

Required Using the net realizable value method, assign costs to C-30 and C-40 for March.

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Fundamentals Of Cost Accounting

ISBN: 0071332618

2nd Edition

Authors: William Lanen, Shannon Anderson

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