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a.$13,636 b.$40,000 c.$39,000 d.$11,765 Deli Products produces two products, X and Y, in a single process. In 2011, the joint costs of this process were
a.$13,636
b.$40,000
c.$39,000
d.$11,765
Deli Products produces two products, X and Y, in a single process. In 2011, the joint costs of this process were $25,000. In addition, 4,000 units of X and 6,000 units of Y were produced. Separable processing costs beyond the split-off point were: X-$10,000, Y-$20,000. X sells for $10.00 per unit; Y sells for $7.50 per unit. What amount of joint costs will be allocated to product X using the net realizable value net realizable value methodStep by Step Solution
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