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A manufacturing process produces two joint products, X and Y. Total joint costs are $100,000. Product X can be sold for $60,000, and product Y
- A manufacturing process produces two joint products, X and Y. Total joint costs are $100,000. Product X can be sold for $60,000, and product Y for $40,000. Allocate joint costs using the sales value at split-off method.
Product | Sales Value | Allocation of Joint Costs |
X | $60,000 | |
Y | $40,000 |
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