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Title: Berkel Company processes sugar cane into three products. During May, the joint costs of processing ...
Post by: laurenamarissa on Jul 2, 2018
Berkel Company processes sugar cane into three products. During May, the joint costs of processing were $600,000. Production and sales value information for the month were as follows:

ProductUnits ProducedSales Value at Splitoff Point Separable costs
Sugar15,000$200,000$60,000
Sugar Syrup10,000175,000192,000
Fructose Syrup5,000125,00096,000

Required:
Determine the amount of joint cost allocated to each product if the sales value at splitoff method is used.


Title: Berkel Company processes sugar cane into three products. During May, the joint costs of processing ...
Post by: pooja14 on Jul 2, 2018
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Title: Berkel Company processes sugar cane into three products. During May, the joint costs of processing ...
Post by: laurenamarissa on Jul 2, 2018
Appreciate the effort you put into answering, thank you!


Title: Berkel Company processes sugar cane into three products. During May, the joint costs of processing ...
Post by: pooja14 on Jul 2, 2018
You're very welcome