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please soulve this question Moda Corporation processes a single material into three separate products X, Y, and Z. During September, the joint costs of processing
please soulve this question
Moda Corporation processes a single material into three separate products X, Y, and Z. During September, the joint costs of processing were $600,000. Production and sales value information for the month were as follows: Product Units Produced Final Sales Value per Separable Costs Unit 10,000 $50 $250,000 Y 15,000 60 500,000 Z 12,500 48 250,000 Required: Determine the amount of joint cost allocated to each product if the constant gross-margin percentage NRV method is used. The gross margin percentage is 20%Step by Step Solution
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