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Stone Industries produces chemicals used in the production of granite and quartz countertops used in residential homes. In one joint process, 20,000 gallons of Benzonite
Stone Industries produces chemicals used in the production of granite and quartz countertops used in residential homes. In one joint process, 20,000 gallons of Benzonite is processed into 14,000 gallons of Ultralite and 6,000 gallons of Concentralite. The joint process costs are $38,000. The following information is available: Stone Industries allocated the joint processing costs on the basis of gallons of product produced. Using the relative-sales-value method, how much of the joint processing costs would be allocated to Uitralite? Multiple Choice $14,691. $29,891. $8,109. $23,309. None of the answers is correct
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