Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process.

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Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a joint process. Additional information follows:
Deming & Sons manufactures four grades of lubricant, W-10, W-20,

Required
Assuming that total joint costs of $384,000 were allocated using the sales value at split-off (net realizable value method), what joint costs were allocated to each product?

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Fundamentals of Cost Accounting

ISBN: 978-1259565403

5th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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