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Ramos Corporation uses the physical - units method to allocate costs among its three joint products: X , Y , and Z . The following
Ramos Corporation uses the physicalunits method to allocate costs among its three joint products: X Y and Z The following data are available for the period just ended:
Joint processing cost: $
Total production: pounds
Share of joint cost allocated to X: $
Share of joint cost allocated to Y: $
Which of the following statements is true?
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The company would have relied on the sales value of each product when allocating joint costs to X Y and Z
Ramos produced pounds of Z during the period.
Ramos produced pounds of Z during the period.
Ramos produced pounds of Z during the period.
Based on the data presented, it is not possible to determine Ramos production of Z during the period.
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