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Required information SB (Static) The following information relates... [The following information applies to the questions displayed below.] The following information relates to a joint production
Required information SB (Static) The following information relates... [The following information applies to the questions displayed below.] The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products. Product 1 2 3 Brief Exercise 7-18 (Static) What percentage of joint cost is allocated... [LO 7-6] Sales Value at Units at Split-Off Split-Off $ 130,000 240 50,000 960 20,000 1,200 $ 200,000 2,400 What percentage of joint cost is allocated to each of the three products using the physical units method? Percent of Sales Units Product 1 2 3 % % %
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