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XYZ Corporation manufactures multiple products using a common production process. They incur joint costs of $100,000, which they need to allocate to the products. Based

XYZ Corporation manufactures multiple products using a common production process. They incur joint costs of $100,000, which they need to allocate to the products. Based on the relative sales value method, allocate the joint costs to each product given the following sales values:

  • Product A: $200,000
  • Product B: $300,000
  • Product C: $500,000

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