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If by product has profit margin of 10% and the estimated sale value of by product is 100. Assuming additional cost related to by product
If by product has profit margin of 10% and the estimated sale value of by product is 100. Assuming additional cost related to by product is 15. Joint cost is 800. Company uses reversal approach. How much will be the allocated joint cost to main products?
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In the reversal approach to joint cost allocation the joint cost is allocated to main products based on their relative sales values or net realizable ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
