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A) Charleville operates a continuous process producing three products and one by-product. output from the process for a month are as follows: Product selling price
A) Charleville operates a continuous process producing three products and one by-product. output
from the process for a month are as follows:
Product selling price per unit Units of output from process
1 $18 10,000
2 $25 20,000
3 $20 20,000
4(by-product) $2 3,500
Total joint costs were $277,000.
What was the unit cost valuation for product 3 using the sales revenue basis for allocating joint costs
assuming that the revenue receivable from the by-product is deducted from the joint costs?
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