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Eroblem 18-29 Gleed Company manufactures products Alpha, Beta, and Gamma from a joint process. Production, sales, Joint Cost Allocation; and cost data for July follow.
Eroblem 18-29 Gleed Company manufactures products Alpha, Beta, and Gamma from a joint process. Production, sales, Joint Cost Allocation; and cost data for July follow. Missing Data (10.4) Required: 1. Assuming that joint costs are allocated using the relative-sales-value method, what were the joint costs allocated to products Beta and Gamma? 2. Assuming that joint costs are allocated using the relative-sales-value method, what was the sales value at split-off for product Alpha? 3. Use the net-realizable-value method to allocate the ioint production costs to the three nroducts
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