Basic. Two products (W and X) are created from a joint process. Both products can be sold
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Basic. Two products (W and X) are created from a joint process. Both products can be sold immediately after split-off.
There are no opening inventories or work in progress.
The following information is available for last period:
Total joint production costs $776 160
sts, what was the value of the closing inventory of product X for last period?
(a) $68992
(b) $70560
(c) $76032
(d) £77616 ACCA F2 Management Accounting
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