Question
Required information [The following information applies to the questions displayed below] The following information relates to a joint production process for three products, with
Required information [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 $165,000. There are no separable processing costs for any of the three products. Units at Split-Off Product Sales Value at Split-Off $181,500 320 99,000 960 49,500 $330,000 1,920 3,200 What percentage of joint cost is allocated to each of the three products using the sales value at split-off method? Product 1 2 3 Percent of Sales Value %
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