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StormLrd StormLrd
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6 years ago
What are the approximate joint costs assigned to the paper ending inventory if joint costs are allocated using the sales value at splitoff method?
A) $14.29
B) $50.00
C) $428.55
D) $435.00
E) $750.00
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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wrote...
6 years ago
A
Explanation:  A) 28.57% × $1,500 × 1,000/30,000 = $14.29
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