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From the following particulars prepare a statement showing distribution of joint expenses on sales basis and asserting profit for each product. Joint expenses $.
From the following particulars prepare a statement showing distribution of joint expenses on sales basis and asserting profit for each product. Joint expenses $. Direct Materials 1,26,000 Power 25,000 Oil 5,000 Labour 7,500 Other charges 4,100 x' product Y' product Sales expenses 20,000 80,000 Sales 1,52,000 1,68,000
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