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7 1 points eBook Required information [The following information applies to the questions displayed below.] The following information relates to a joint production process
7 1 points eBook Required information [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $200,000. There are no separable processing costs for any of the three products. Units at Split-Off Sales Value at Print Product Split-Off 1 References $ 280,000 585 2 80,000 1,170 3 40,000 2,145 $ 400,000 3,900 What percentage of joint cost is allocated to each of the three products using the physical units method? Percent of Product Sales Units 1 % 2 % 3 % Check my work
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