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Trammel Chemical Company makes three products, DPX , DEA, MNR , what are joint products from the same materials. In a standard batch of 1
Trammel Chemical Company makes three products, DPX DEA, MNR what are joint products from the same materials. In a standard batch of products of raw materials, the company generates pounds of DPX pounds of DEA and pounds of MNR A standard batch costs $ to produce. The sales prices are $ $ and $ for DPX DEA, and MNR respectively. No credit will be given unless you show all you work
a Allocate the joint product cost among the three final products using weight as the allocation base.
b Allocate the joint product cost among the three final products using market value as the allocation base. Round your figures to three decimals points.
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