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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 follows:
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 $14,400 18,720 18,000 20,880 $72,000 The total joint cost for the current period was $50,000. How much of this cost shpuld Wren Pork allocate to Loin chops? Wren Pork Compary uses the value basis method of ollocating joint costs in its production of pork products. Relevant information for the current period follows: The total joint cost for the current period was $50,000. How much of this cost stgruld When Pork allocate to coin chops
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 $14,400 18,720 18,000 20,880 $72,000 The total joint cost for the current period was $50,000. How much of this cost shpuld Wren Pork allocate to Loin chops?
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