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A company processed raw milk for $250,000. This raw milk can be converted into the following types of milk with listed sales values: Joint Products

image text in transcribed A company processed raw milk for $250,000. This raw milk can be converted into the following types of milk with listed sales values: Joint Products Sales Value Whole milk 2% milk Skim milk Total $ 63,200 100,600 88,200 $ 252,000 Using the value basis, the total cost allocated to skim milk is: Multiple Choice $87,500. $99,802. $92,878. $44,100. $62,698

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