The Mallak Company produced three joint products at a joint cost of $100,000. Two of these products were processed further. Production and sales were:
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Assume Q is a by-product and Mallak uses the cost reduction method of accounting for by-product cost. If estimated net realizable value is used, how much of the joint costs would be allocated to product R?
A) $38,889.
B) $43,750.
C) $50,000.
D) $62,500.
Correct Answer:
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