Question: 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

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?

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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