The following information is for Tiger Company, which manufactures products X, Y, and Z from a joint

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The following information is for Tiger Company, which manufactures products X, Y, and Z from a joint process. Joint product costs were $63,000. Additional information follows.


The following information is for Tiger Company, which manufactur


a. Assuming that joint product costs are allocated using the physical quantities method, what were the total costs of product X (including $18,000 if processed further)?
b. Assuming the joint product costs are allocated using the net realizable value method, what were the total costs of product Y (including the $14,000 if processedfurther)?

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Managerial Accounting An Introduction to Concepts Methods and Uses

ISBN: 978-0324639766

10th Edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

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