Question
Sandy Company manufactures three products from a joint process. Joint costs for the year amounted to $250,000. The following data was available: Product Units Produced
Sandy Company manufactures three products from a joint process. Joint costs for the year amounted to $250,000. The following data was available:
| Product | Units Produced | Sales Value at Split-off |
| X | 5,000 | $70,000 |
| Y | 3,000 | $30,000 |
| Z | 2,000 | $100,000 |
Assume the relative-sales-value method of allocating joint costs is used. What amount of joint costs is allocated to Product Z?
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The Successful Audit New Ways To Reduce Risk Exposure And Increase Efficiency
Authors: Felix Pomeranz
1st Edition
1556233914, 978-1556233913
