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= Question Three: Jarvis Manufacturing produces three products in a joint operation. Information regarding the products appears below: Alpha Beta Gamma Total Units produced 20,000
= Question Three: Jarvis Manufacturing produces three products in a joint operation. Information regarding the products appears below: Alpha Beta Gamma Total Units produced 20,000 25,000 10,000 55,000 Sales value at split-off $150,000 $50,000 $20,000 $220,000 Additional costs if processed further $10,000 $30,000 $5,000 $45,000 Sales value if processed further $170,000 $90,000 $28,000 $288,000 Joint Costs $100,000 Required: (a) Allocate the joint costs using the relative sales value at split-off method. (b) Allocate the joint costs using the constant gross margin percentage method
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