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ABC Corporation, which manufactures products W, X, Y, and Z through a joint process costing $24,000, has the following data for 2016: Product Units Produced

ABC Corporation, which manufactures products W, X, Y, and Z through a joint process costing $24,000, has the following data for 2016: Product Units Produced Total Sales Value at Split-Off W 10,000 Save Answer $5,000 X 6,000 2,500 Y 16,000 3,000 Z 8,000 4,500 Allocate the joint costs using the physical units method. Round all % to 4 decimal places. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px A I. J ... Sykes Company produces two products from a joint process: X and Z. Joint processing costs for this production cycle are $8,000. Yards Sales price per yard at split-off Disposal cost per Further Final sale yard at split-off E 1,500 $6.00 $3.50 F 2,200 9.00 5.00 processing per yard $1,00 3.00 price per yard $7.50 11.25 A V If E and F are processed further, no disposal costs will be incurred or such costs will be borne by the buyer. Allocate the Joint processing costs to the two products using the Net Realizable Value method. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px > TX 26 10 ***

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