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book Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher cover

Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher

النسخة 2الرقم المعياري الدولي: 978-0077274993
book Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher cover

Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher

النسخة 2الرقم المعياري الدولي: 978-0077274993
تمرين 45
Net Realizable Value Method
Alpha Company manufactures products XX-1 and XX-2 from a joint process. Total joint costs are $60,000. The sales value at split-off was $70,000 for 4,000 units of product XX-1 and $30,000 for 1,000 units of product XX-2.
Required
Assuming that total joint costs are allocated using the net realizable value at split-off approach, what amount of the joint costs was allocated to product XX-1
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Joint Cost is the cost incurred when 2 o...

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Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
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