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Question 5 Ewing plc . purchases oil from WTI oil rig and processes the oil into three types of oil products, Gasoline, Kerosene and Diesel.
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Ewing plc purchases oil from WTI oil rig and processes the oil into three types of oil products, Gasoline, Kerosene and Diesel. A by product Sulphur also emerges from this process which has a net realisable value
This joint process results in the following costs of products for a typical month:
table
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