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. LO.3 (Allocating joint cost) Keiffer Production manufactures three joint products in a single process. The following information is available for August 2013 Sales Value
. LO.3 (Allocating joint cost) Keiffer Production manufactures three joint products in a single process. The following information is available for August 2013 Sales Value at Split-Off per Gallon $14 Cost after Split-Off $4 Final Selling Price Product Gallons JP-4539 4,500 JP-4587 18,000 JP-459113,500 $24 15 18 Allocate the joint cost of $558,000 to the production based on the a. number of gallons. c. approximated net realizable values at split-off. (Round all percentages to the nearest whole percentage.) b. sales value at split-of
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Auditing Assurance Services and Ethics in Australia an Integrated Approach
Authors: Alvin A Arens, Peter J. Best, Greg Shailer, Brenton Fiedler
9th edition
978-1442539365, 1442539364
