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Fio, Inc. produces 2 products with joint costs of $150,000. In the most recent period, Fio produced 20,000 pounds of Product-1 and 30,000 of Product-2.
Fio, Inc. produces 2 products with joint costs of $150,000. In the most recent period, Fio produced 20,000 pounds of Product-1 and 30,000 of Product-2. Fio uses the physical measures (output) method. What are the joint costs allocated to Product-2?
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