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Calculate the joint costs and allocate them to main products and by-products for Exxon Mobil Corporation's oil refining operations. Assume joint costs of $2,000,000 and
Calculate the joint costs and allocate them to main products and by-products for Exxon Mobil Corporation's oil refining operations. Assume joint costs of $2,000,000 and main products A and B with market values of $1,500,000 and $1,200,000 respectively, and a by-product C with a market value of $300,000.
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