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Problem 17-30 Joint Cost Allocation; Missing Data (LO 17-4) Skip to question [The following information applies to the questions displayed below.] Berger Company manufactures products
Problem 17-30 Joint Cost Allocation; Missing Data (LO 17-4)
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[The following information applies to the questions displayed below.] Berger Company manufactures products Delta, Kappa, and Omega from a joint process. Production, sales, and cost data for July follow.
Delta | Kappa | Omega | Total | |||||||||
Units produced | 4,400 | 2,240 | 1,160 | 7,800 | ||||||||
Joint cost allocation | $ | 43,200 | ? | ? | $ | 68,000 | ||||||
Sales value at split-off | ? | ? | $ | 18,000 | $ | 120,000 | ||||||
Additional costs if processed further | $ | 7,400 | $ | 5,400 | $ | 3,400 | $ | 16,200 | ||||
Sales value if processed further | $ | 90,000 | $ | 35,000 | $ | 30,000 | $ | 155,000 | ||||
Problem 17-30 Part 3
3. Use the net-realizable-value method to allocate the joint production costs to the three products. (Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answers to the nearest dollar amount.)
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