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Problem - Alpha Company manufactures products S and T from a joint process. The market value at split- off was P50,000 for 6,000 units of Product S and P50,000 for 2,000 units of Product T. Assuming that the portion of the total joint cost properly allocated to Product S using the market value method was P30,000, what the total joint cost?
questionacme company utilizes the weighted-average method in to evaluate product costs and reports the following costs
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