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Problem - Joint Cost - Karen Corp. manufactures products Y and Z from a joint process. The sales value at split-off was P50,000 for 6,000 units of Product Y and P25,000 for 2,000 units of Product Z.
Assuming that the portion of the total joint costs properly allocated to Product Y using the relative sales value at split off approach was P30,000. What were the total joint costs?
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