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Favata Corporation Processes a Single Material into Three Separate Products

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Favata Corporation processes a single material into three separate products A, B, and C .During September, the joint costs of processing were $600,000.Production and sales value information for the month were as follows:
Favata Corporation processes a single material into three separate products A, B, and C .During September, the joint costs of processing were $600,000.Production and sales value information for the month were as follows: Required: Determine the amount of joint cost allocated to each product if the constant gross margin percentage of NRV method is used. Required:
Determine the amount of joint cost allocated to each product if the constant gross margin percentage of NRV method is used.

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