Question

Oregon Lumber processes timber into four products. During January, the joint costs of processing were $280,000. There was no inventory at the beginning of the month. Production and sales value information for the month is as follows:


Determine the value of ending inventory if the sales value at splitoff method is used for product costing. Round to three decimal places when necessary. (10points)


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  • CreatedAugust 26, 2013
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