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please help Required information [The following information applies to the questions displayed below] The following information relates to a joint production process for three products,
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Required information [The following information applies to the questions displayed below] The following information relates to a joint production process for three products, with a total joint production cost of $180,000 There are no separable processing costs for any of the three products. What percentage of joint cost is allocated to each of the three products using the physical units method? Required information The following information applies to the questions displayed below] The following information relates to a joint prodoction process for three products, with a total joint production cost of $180,000. There are no separable processing costs for any of the three products Assume that the total sales value at the spis off point for product 1 is $108,000 instead of $252,000 and the sales value of prodict 3 is $3,600 instead of $36,000 Assume also that, because of sx relatively sow sales value, the firm treats product 3 as a by-product and uses the asset recogntion thethod for accounting for by products What amount of joint cost would be allocated to the products using the soles vasue of split off method? Required information [The following information applies to the questions displayed bellow] The following information relates to a jont production process for three products. With a total joint production cost of $180,000. There are no sepsrabie processing costs for any of the three products. Assume that the total sales value at the spla - off point for product 1 is $108,000 instead of $252,000 and the sales value of product 3 is $3,600 instead of $36,000. Assume also that the firm treats product 3 as a joint product and uses the net realizable value method for accourting for joint costs. There are no separable processing cosits for product 3 . What amount of joint costs would be allocated to the three products using the relative sales value method? (Round your intermediote percentage values to 2 decimal ploces (0.6,24.35% ) and finat answers to nenrest whole doling omounty) Required information [The following information applies to the questions cirsplayed below) The following intormation relates to a joint production process for three products, with a fotal joint production cost of $180,000. Theie are no separable processing costs for any of the three products. What percentage of joint cost is allocated to each of the three products uning the sales value at split off method Step by Step Solution
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