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Wren Pork Company uses the value basis method of allocating joint costs in its production of pork products. Relevant information for the current period
Wren Pork Company uses the value basis method of allocating joint costs in its production of pork products. Relevant information for the current period follows: Product Loin chops Ground Ribs Bacon Total Sales Value $15,400 20,020 19,250 22,330 $77,000 The total joint cost for the current period was $59,000. How much of this cost should Wren Pork allocate to Loin chops? Multiple Choice $0. C $15,340 $11,800. $17,110
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