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determine the amount of joint cost allocated to each product if clap uses (1) the physical measure and (2) the sales value at splitoff method.
determine the amount of joint cost allocated to each product if clap uses (1) the physical measure and (2) the sales value at splitoff method.
Clap Chemicals processes resin from fir trees into three products: printing inks, vamishes, and adhesives. During June, the Joint costs of pro Click the icon to view the additional information) Determine the amount of joint cost allocated to each product if Clap uses (1) the physical measure method, and (2) the sales value at splitoff Determine the amount of joint cost allocated to each product it Clap uses (1) the physical measure method. Units Product Produced Percentage Joint Costs Costs Allocated Printing Inks 17,630 liters % Varnishes 18,040 liters % Adhesives 5,330 liters % Determine the amount of joint cost allocated to each product if Clap uses (2) the sales value at splitof method. Sales Value at Product Splitoff Point Percentage Joint Costs Costs Allocated Printing Inks $ 128,260 Varnishes 84,700 Adhesives 29,040 % % % - Data table Product Printing Inks Varnishes Adhesives Units Sales Value at Produced Splitoft Point 17.630 liters $ 128,260 18,040 liters 84,700 5,330 liters 29,040 ucts: printing Inks, vamishes, and adhesives. During June, the joint costs of processing were $440,000. Additional information is given below: Ef Clap uses (1) the physical measure method, and (2) the sales value at splitoff method. tif Clap uses (1) the physical measure method. Joint Costs Costs Allocated uctif Clap uses (2) the sales value at splitof method. Joint Costs Costs Allocated - X . Sales Value at Dant Step by Step Solution
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