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Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773 Exercise 19
Brief Exercise require the following information about a joint production process for three products, with a total joint production cost of $100,000. There are no separable processing costs for any of the three products.
Assume the same as in 7-19 above except that product 3 is treated as a joint product. What amount of joint costs would be allocated to the three products using the relative sales value method
Assume the same as in 7-19 above except that product 3 is treated as a joint product. What amount of joint costs would be allocated to the three products using the relative sales value method
Explanation
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Relative Sales Value Method:
Relative s...
Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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