Assume the same as in 7-19 above except that product 3 is treated as a joint product.

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Assume the same as in 7-19 above except that product 3 is treated as a joint product. What amount of joint costs would be allocated to the three products using the relative sales valuemethod?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 03:54 AM

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Assume the same as in 7-19 above except that product 3 is treated as a joint product.

Question:

Units at Split-Off 240 960 1,200 2,400 Sales Value at Split-Off $130,000 Product 50,000 20,000 $200,000

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Product 1 23 3 Sales Value at S...View the full answer

Cost management a strategic approach

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