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Ellis Company Ellis Company Produces Two Products from a Joint

Question 107

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Ellis Company Ellis Company produces two products from a joint process: X and Z.Joint processing costs for this production cycle are $8,000.
Ellis Company Ellis Company produces two products from a joint process: X and Z.Joint processing costs for this production cycle are $8,000.   If X and Z are processed further,no disposal costs will be incurred or such costs will be borne by the buyer. Refer to Ellis Company.Using approximated net realizable value at split-off,what amount of joint processing cost is allocated to Product X (round to the nearest dollar) ? A) $3,090 B) $5,204 C) $4,000 D) $2,390 If X and Z are processed further,no disposal costs will be incurred or such costs will be borne by the buyer.
Refer to Ellis Company.Using approximated net realizable value at split-off,what amount of joint processing cost is allocated to Product X (round to the nearest dollar) ?


A) $3,090
B) $5,204
C) $4,000
D) $2,390

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