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A company manufactured 'x', 'y' and 'z' products. Their particulars are as follows: Joint Expenses $. $. Materials 5,000 350 325 145 Labour 900
A company manufactured 'x', 'y' and 'z' products. Their particulars are as follows: Joint Expenses $. $. Materials 5,000 350 325 145 Labour 900 105 100 95 Overheads 400 45 45 25 60 6,300 500 450 300 Total sales 5,000 3,500 3,000 Percentage of profit on sales 20 30 40 Prepare a statement showing the distribution of joint expenses, what is the cost of each product? Follow the acceptable method.
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