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dge Company manufactures three main products, L, M, and N, from a joint process. Additional information for June production activity : M 40,000 50,000 ts
dge Company manufactures three main products, L, M, and N, from a joint process. Additional information for June production activity : M 40,000 50,000 ts produced -nt costs les value at split-off ditional costs if process further le value if processed further N 10,000 ? $60,000 $12,000 $78,000 Total 100,000 $450,000 $750,000 $130,000 $936,000 $420,000 $ 88,000 $538,000 $270,000 $ 30,000 $320,000 ming that the 10,000 units of N were processed further and sold for $78,000, what was Cambridge's gross profit from this sale? Assume physical quantities method of allocation is used
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