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Crane Inc. operates a lumber yard. Crane purchases the raw materials for $52400 and incurs additional processing costs of $36400 to obtain three observable joint

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Crane Inc. operates a lumber yard. Crane purchases the raw materials for $52400 and incurs additional processing costs of $36400 to obtain three observable joint products. Further processing and final sales values for the products are as follows: What is the amount of joint costs assigned to the 25ft board using the net realizable value (NRV) method? $27275 $23229 $41200. $28740

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