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A company produces three joint products, P, Q, and R, and generates a by-product, S. The total joint production costs are $600,000, and the sales
A company produces three joint products, P, Q, and R, and generates a by-product, S. The total joint production costs are $600,000, and the sales values are $350,000 for Product P, $200,000 for Product Q, $100,000 for Product R, and $50,000 for By-product S. Allocate joint production costs using the sales value at split-off method.
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