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Total Mining Company produces two products from ore, copper and zinc. The following events took place in May. Copper Zinc Total Units Produced 40,000 60,000
| Total Mining Company produces two products from ore, copper and zinc. The following events took place in May. | |||||||
| Copper | Zinc | Total | |||||
| Units Produced | 40,000 | 60,000 | 100,000 | ||||
| Unit Selling Price | $2.00 | $1.00 | |||||
| Joint costs incurred were $110,000 | |||||||
| Allocate the joint costs to the two products using the relative sales value method | |||||||
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Handbook Of Research In Education Finance And Policy
Authors: Helen F. Ladd, Margaret E. Goertz
2nd Edition
0415838010, 978-0415838016
