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A company produced 215 units of Product L and 129 units of Product M during the current period and incurred joint costs of $720. Product

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A company produced 215 units of Product L and 129 units of Product M during the current period and incurred joint costs of $720. Product L sells for $8 per unit and Product M sells for $20 per unit. Compute the cost to be allocated to Product M for this period's joint costs if the value basis is used. Multiple Choice $288. $432 $360 $1,472 $862

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