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Firm Wiley has a production process that has a total joint cost of $15,000. At the split-off point, there are 2,000 pounds of Product

Firm Wiley has a production process that has a total joint cost of $15,000. At the split-off point, there are 2,000 pounds of Product 1 and 2,000 pounds of Product 2. What is the cost per pound of Product 1 using the physical measure method? $3.00 2.75 $3.75 3.50

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