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A company produced 200 units of Product L and 150 units of Product M during the current period and incurred joint costs of $960. Product
A company produced 200 units of Product L and 150 units of Product M during the current period and incurred joint costs of $960. Product L sells for $8 per unit and Product M selis for $16 per unit. Compute the cost to be allocated to Product L for this period's foint costs if the value basis is used. (Do not round intermediate calculations.) Mulipie Choice $230 5634 $1,126 Logan Company produces two products, Standard and Premler. Logan can sell all of the Standard and Premier products it can produce, but it has limited production capacity. Machine hours per unit for Standard is 1 hour and for Premier is 1.5 hours. The company has 217,080 machine hours available. Contribution margin per unit is $24 for Standard and $30 for Premier. What is the total contribution margin if Logan chooses the most profitable sales mix? Muliple Choice $8,840,000 $4.980.000 $7320.000. Maxim has already spent $29,500 to manufacture a hamster food product called Green Health. Maxim currently has 10,000 bags of Sreen Health on hand that can be sold for $92,560. Alternatively, Maxim can process it further into a different product, Premium Sreen, at an additional cost of $6,200. If Maxim processes further, the Premium Green can be sold for $100,800. The incremental neome to process further is: Multiple Choice $(8,240) $3,040. $8,240
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