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Please show your steps so I learn how to do this. Do not just provide the answer, but also provide steps. processing are entirely variable
Please show your steps so I learn how to do this. Do not just provide the answer, but also provide steps.
processing are entirely variable and traceable to the products involved. Last year all three products were processed beyond split-off. Joint production costs for the year were $144,000. Sales values and costs needed to evaluate Garrison's production policy follow. Product Units Produced 34,000 5,000 11,000 Sales Value at Split Off $ 46,000 33,000 40,000 If Processed Further Sales Value Additional Costs $110,000 $ 7,200 58,000 15,000 54,000 19,500 y Z The amount of joint costs allocated to product Y using the net realizable value method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar): Multiple Choice $101,339. $34,343. $27,554. $22,626. $82,103Step by Step Solution
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