Alpha Company manufactures products XX-1 and XX-2 from a joint process. Total joint costs are $60,000. The
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Alpha Company manufactures products XX-1 and XX-2 from a joint process. Total joint costs are
$60,000. The sales value at split-off was $70,000 for 4,000 units of product XX-1 and $30,000 for 1,000 units of product XX-2.
Required Assuming that total joint costs are allocated using the net realizable value at split-off approach, what amount of the joint costs was allocated to product XX-1?
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Related Book For
Fundamentals Of Cost Accounting
ISBN: 0071332618
2nd Edition
Authors: William Lanen, Shannon Anderson
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