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Question - The following information relates to a joint production process for three products, with a total joint production cost of $190,000. There are no separable processing costs for any of the three products.
Product
Sales Value at Split-Off
Units at Split-Off
1
$228,000
740
2
95,000
1,295
3
57,000
1,665
$380,000
3,700
Required - What percentage of joint cost is allocated to each of the three products using the physical units method?
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