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Problem 9-5AA (Algo) Allocation of joint costs LO C2 [The following information applies to the questions displayed below.] California Orchards reports the following sales data

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Problem 9-5AA (Algo) Allocation of joint costs LO C2 [The following information applies to the questions displayed below.] California Orchards reports the following sales data for the year ended December 31 . The company incurred the following joint costs for the year. Problem 9.5AA (Algo) Part 2 2. Compute gross profit for each of the three grades of wainuts. Assume, cost of goods sold consists only of the joint costs

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