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a 2 Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a
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2 Tango Company produces joint products M, N, and T from a joint process. This information concerns a batch produced in April at a joint cost of $220,000: Product M N T Units Produced and sold 20,000 14,000 15,000 After Split-Off Total Separable costs Total Final Sales Value $ 20,000 $260,000 20,000 240,000 5,000 45,000 Required: How much of the joint cost should be allocated to each joint product using the net realizable value method? (Do not round intermediate calculations. Enter your final answers in whole dollars.) Product Allocated Joint Cost M N TStep by Step Solution
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