Essay
AllCanada Wire Products processes copper into wire.It makes 12 gauge and 14 gauge wire.During April the joint costs of processing the aluminium were $365,000.There were no beginning or ending inventories for the month.Production and sales value information for the month were as follows:
Required:
Determine the amount of joint costs allocated to each product if the constant gross margin percentage of NRV method is used.
Correct Answer:

Verified
Correct Answer:
Verified
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