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Need some help with the joint product cost in Market Values Agnew Chemical Company makes three products, B7, K6, and X9, which are joint products
Need some help with the joint product cost in Market Values
Agnew Chemical Company makes three products, B7, K6, and X9, which are joint products from the same materials. In a standard batch of 332,800 pounds of raw materials, the company generates 75,300 pounds of B7, 156,600 pounds of K6, and 100,900 pounds of X9. A standard batch costs $3,328,000 to produce. The sales prices per pound are $10, $15, and $20 for B7, K6, and X9, respectively.
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