Suppose that a Plywood manufacturer processes wood pulp into four grades of Plywood totaling 500,000 board feet as follows at a joint cost of $450,000:
What amount of joint costs will be allocated to No. 1 common using the final sales value method?
A) $172,800
B) $450,000
C) $80,000
D) $24,000
Correct Answer:
Verified
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