Vermont Treats makes blueberry jam and blueberry syrup. Both products come out of a joint process costing
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Vermont Treats makes blueberry jam and blueberry syrup. Both products come out of a joint process costing $60,000 per year. The sales value of the blueberry jam is $20,000 per year. The sales value of the blueberry syrup is $80,000 per year. Use the relative sales value method to allocate the joint costs of the joint process to the products.
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The total sales value of the joint products is 100000 20000 8...View the full answer
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Related Book For
Financial And Managerial Accounting The Basis For Business Decisions
ISBN: 9781260247930
19th Edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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