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1. Using the market value at split-off method, allocate the joint costs of production to each product. Round your answers to two decimal places. 2.
1. Using the market value at split-off method, allocate the joint costs of production to each product. Round your answers to two decimal places. 2. Based on the information provided, should Lovely Lotion Inc. continue processing body and foot lotion after the split-off point? Body lotion Foot lotion 3. Allocate the joint costs of production to each product using the net realizable value method. Round your answers to two decimal places
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