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Sykes Company manufactures tow products, I & II, from a joint process. A production run costs $20,000,& results in 500 units of I & 20,000
Sykes Company manufactures tow products, I \& II, from a joint process. A production run costs $20,000,& results in 500 units of I \& 20,000 units of II. Both products must be processed past the split-off point incurring separable costs of $5 per unit for I \& $10 per unit for II. The marlcet price is $25 for I \& 20 for II Allocate the Joint processing acts to the two products using the Net Realizable Value method. Net Realizable Value method. Give the equation \& then plug in your numbers. show your works show your works
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