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3 (9 pts.) Sykes Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are $8,000. Sales

image text in transcribed 3 (9 pts.) Sykes Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are $8,000. Sales price per yard at Disposal cost per Further Final sale yard at processing price per Yards split-off split-off per yard yard E 1,500 $6.00 $3.50 $1.00 $7.50 F 2,200 9.00 5.00 3.00 11.25 If E and F are processed further, no disposal costs will be incurred or such costs will be borne by the buyer. Allocate the Joint processing costs to the two products using the Net Realizable Value method. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph xX1

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