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a. find sales value at split off b. find net realizable value Skill Builder Exercise & Document Submission Instructions J.H. Dickenson processes logs into two
a. find sales value at split off b. find net realizable value
Skill Builder Exercise & Document Submission Instructions J.H. Dickenson processes logs into two types of lumber. The cost of processing logs s $500,000. The processing of the logs result in lumber for buildings and lumber for furniture. Please see below details for the joint products Products Buildings 100,000 units Furniture25,000 units Output Final selling price $100 $150 The lumber for the building is sold at splitoff. The lumber for the furniture is processed further at an additional cost of $50,000. There is a market for the lumber for the furniture at splitoff at a selling price of $100. Allocate the joint cost using the physical measure method and upload your answers in aStep by Step Solution
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