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inventories. Production and sales information for the summer is as follows: (Click the icon to view the production and sales information.) (Click the icon to
inventories. Production and sales information for the summer is as follows: (Click the icon to view the production and sales information.) (Click the icon to view amounts calculated under the estimated net realizable value method.) Calculate the amount of joint cost allocated to each product if Blue Dot uses the constant gross-margin percentage method. Begin by determining the overall gross margin. Data table Reference inventories. Production and sales information for the summer is as follows: (Click the icon to view the production and sales information.) Determine the amount of joint cost allocated to each product if Blue Stripe uses the estimated net realizable value method. What is the cost per case for each product? What is the cost per case for each product? (Round the cost per case to the nearest cent, $X.XX.) More info
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