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Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of processing were $300,000. Production and
Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of processing were $300,000. Production and sales value information for the month were as follows: Product Units Produced Final Sales Value per Unit A 10,000 $25 Separable Costs $125,000 B 15,000 C 12,500 30 24 250,000 125,000 If the constant gross margin percentage NRV is 20%, what is the joint costs allocated to the three products? Product A-$35,000; Product B-$110,000; Product C-$115,000 D Product A-$32.000; Product B-$72,000; Product C $48,000 Product A-$25,000; Product B-$115,000: Product C-$110,000 Product A-$85.000; Product B $160,000; Product C $65,000
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