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plz solve this Question 1 (9 points) Osso Fruit Ltd. harvests berries. After harvest, the company sells some berries fresh, freezes others, and processes some
plz solve this
Question 1 (9 points) Osso Fruit Ltd. harvests berries. After harvest, the company sells some berries fresh, freezes others, and processes some into juice. During the summer the joint costs of processing the berry products were $620,000. There were no beginning or ending inventories for the summer. Production and sales value information for the summer were as follows: Sales Value Product Units Juice 200,000 litres $6 per litre Fresh 300,000 kilograms $8 per kilogram Frozen 400,000 kilograms $5 per kilogram Required: A) Determine the amount allocated to each product if the sales value at splitoff method is used. B) Determine the amount allocated to each product if the physical measure method is usedStep by Step Solution
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