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Braun company produces two compounds. Joint cost to produce 500 gallons Herron and 300 gallons of lomax were 80,000. A by product Horst , results

Braun company produces two compounds. Joint cost to produce 500 gallons Herron and 300 gallons of lomax were 80,000. A by product Horst , results from the joint process and has the market value of 1,000 dollars. Assuming Braun accounts for the by product as a reduction. What are the joint costs assigned to herzog

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