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A dairy farm produces the following products jointly during the fiscal year 5 poir for a total joint cost of 9,000,000. Milk: 1,170,000 KG, Butter
A dairy farm produces the following products jointly during the fiscal year 5 poir for a total joint cost of 9,000,000. Milk: 1,170,000 KG, Butter 570,000 KG, Yogurt 330,000 KG, Cheese 930,000 KG. Based on the information, which one of the following is most accurate regarding the allocation of the joint cost under the physical measure method? The milk product line should be allocated 1,710,000 of the joint costs. O The butter product line should be allocated 990,000 of the joint costs. The yogurt product line should be allocated 3,510,000 of the joint costs. O The cheese product line should be allocated 2,790,000 of the joint costs
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