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Differential Chemical produced 12,000 gallons of Preon and 24,000 gallons of Paron. Joint costs incurred in producing the two products totaled $9,000. At the split-off
Differential Chemical produced 12,000 gallons of Preon and 24,000 gallons of Paron. Joint costs incurred in producing the two products totaled $9,000. At the split-off point, Preon has a market value of $6.00 per gallon and Paron $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used
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The ASQ Certified Food Safety And Quality Auditor
Authors: Steven Wilson
4th Edition
1951058186, 978-1951058180
