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Redwood Inc. processes a single material into three separate products A, B, and C. During September, the joint costs of processing were $367,000. Production
Redwood Inc. processes a single material into three separate products A, B, and C. During September, the joint costs of processing were $367,000. Production and sales value information for the month were as follows: Product A B C Final Sales Value Units Produced per Unit Separable Costs 8,000 $30 $115,000 15,000 $31 $254,000 16,000 $23 $115,000 Determine the amount of joint costs allocated to product A if the constant gross-margin percentage NRV method is used. (if necessary, round final answer to the nearest whole number) Previous Next->
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