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Question Amman Com. manufactures two lumber products from a joint milling process. The two products developed are (MEGA) and (CEBA). A standard production run incurs
Question Amman Com. manufactures two lumber products from a joint milling process. The two products developed are (MEGA) and (CEBA). A standard production run incurs joint costs of $300,000 and results in 60,000 units of MEGA and 90,000 units of CEBA. Each MEGA sells for $2 per unit, and each CEBA sells for $4 per unit. Requirements: using relative sales value basis; calculate: 1. the amount of joint cost allocated to the (MEGA). 2. the amount of joint cost allocated to the (CEBA)
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