Berger Company manufactures products Delta, Kappa, and Omega form a joint process. Production, sales, and cost data

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Berger Company manufactures products Delta, Kappa, and Omega form a joint process. Production, sales, and cost data for July follow.


Berger Company manufactures products Delta, Kappa, and Omega for


Required:
1. Assuming that joint costs are allocated using the relative-sales-value method, what were the joint costs allocated to products Kappa and Omega?
2. Assuming that joint costs are allocated using the relative-sales-value method, what was the sales value at spill-off for product Delia?
3. Use the mi-realizable-value method to allocate the joint production costs to the threeproducts.

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Managerial Accounting

ISBN: 9780073022857

7th Edition

Authors: Ronald W Hilton

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