Mack4975 Mack4975

25-11-2022
Business

contestada

Data pertaining to a company's joint production for the current period follows:L M
Quantities produced 200 lbs. 150 lbs.
Market value at split-off point $8/lb. $16/lb.
Compute the cost to be allocated to Product M for this period's $660 of joint costs if the value basis is used
A. $264.
B. $396.
C. $330.
D. $1,364.
E. $796.

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