Question: Joint Product Cost Allocation: Sales Value at Split-Off Method: A company produces two joint products, A and B, with sales values at split-off of $40,000

Joint Product Cost Allocation: Sales Value at Split-Off Method:

A company produces two joint products, A and B, with sales values at split-off of $40,000 and $60,000, respectively. If the total joint costs are $80,000, calculate the joint cost allocated to each product using the sales value at split-off method.

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