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The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing
The following information relates to a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products. Sales Value Units at Product at Split-Off Split-Off 240 960 20,000 1,200 1 130,000 50,000 2 3 $ 200,000 2,400 value: 1.00 points What amount of joint cost is allocated to each of the three products using the relative sales value method? Allocated Joint Cost Product 2
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