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Required information (The following information applies to the questions displayed below.) Snake River Sawmill manufactures two lumber products from a joint milling process. The two
Required information (The following information applies to the questions displayed below.) Snake River Sawmill manufactures two lumber products from a joint milling process. The two products developed are mine support braces (MSB) and unseasoned commercial building lumber (CBL). A standard production run incurs joint costs of $300,000 and results in 60,000 units of MSB and 90,000 units of CBL. Each MSB sells for $2, and each unit of CBL sells for $4. 2. Calculate the amount of joint cost allocated to the mine support braces (MSB) on a relative-sales value basis. (Round the calculation of "Relative Proportion" to the nearest whole percent. Round your final answer to the nearest dollar amount.) Joint cost allocated to MSB
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