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PLEASE ANSWER BOTH LAST TWO ARE SAME Search All M Net Realizable Value Method, Decision to Sell at Split-off or Process Further Pacheco, Inc., produces
PLEASE ANSWER BOTH LAST TWO ARE SAME
Search All M Net Realizable Value Method, Decision to Sell at Split-off or Process Further Pacheco, Inc., produces two products, overs and unders, in a single process. The Joint costs of this process were $60,000, and 13,000 units of overs and 37,000 units of unders were produced, Separable processing costs beyond the split-off point were as follows: overs, $16,000; unders, $26,180. Overs sell for $2.00 per unit; unders sell for $3.14 per unit, Required: 1. Allocate the $60,000 joint costs using the estimated net realizable value method. Allocated Joint Cost Overs Step by Step Solution
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