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Please show me the steps to get the correct answer Yakima Manufacturing purchases trees from Cascade Lumber and processes them up to the split off
Please show me the steps to get the correct answer
Yakima Manufacturing purchases trees from Cascade Lumber and processes them up to the split off point where two products (paper and pencil casings) are obtained. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of November: Trees processed: 50 trees Production: paper pencil casings coarse saw dust 33,000 pages 38,000 casings 3 tons by-product Sales price: paper pencil casings coarse saw dust $0.04 per page $0.10 per casing $30.00 per ton The cost of purchasing 50 trees and processing them up to the split off point is $1,500. How much of the joint costs are allocated to the main products if the sales method is used for by-products? You Answered Correct Answer 1,500Step by Step Solution
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