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O Points: 0 David Chemicals processes resin from fir trees into three products: printing inks, varnishes, and adhesives. During June, the joint costs of processing
O Points: 0 David Chemicals processes resin from fir trees into three products: printing inks, varnishes, and adhesives. During June, the joint costs of processing were $440,000. Additional information is given belov (Click the icon to view the additional information.) Determine the amount of joint cost allocated to each product if David uses (1) the physical measure method, and (2) the sales value at splitoff method. Determine the amount of joint cost allocated to each product if David uses (1) the physical measure method Units Produced 16,200 liters 16,200 liters 3,600 liters Product Printing inks Varnishes Adhesives Percentage % % % Joint Costs Costs Allocated Data table Product Printing inks Varnishes Adhesives Print Part 1 of 2 Units Produced 16,200 liters $ 16,200 liters 3,600 liters CIXE Sales Value at Splitoff Point 112,240 61,000 70,760 Done - X
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