Bravo Company produces joint products J, K, and B from a joint process. This information concerns a
Question:
Bravo Company produces joint products J, K, and B from a joint process. This information concerns a batch produced in April at a joint cost of $60,000:
| Units Produced | After Split-Off | |||||
| Product | and Sold | Total Additional Costs | Total Sales Value | |||
| J | 1,000 | $10,000 | $90,000 | |||
| K | 2,000 | $10,000 | $50,000 | |||
| B | 4,000 | $5,000 | $10,000 | |||
Required
How much of the joint cost should be allocated to each joint product using the net realizable valuemethod?
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The allocation for the net realizable value method is shown below Note however that Product ...View the full answer
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Related Book For 
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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