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Business, 22.08.2019 16:20 JayLiz1737

Laredo manufactures nuts and bolts from a joint process (cost = $80,000). five thousand pounds of nuts can be sold at split-off for $20 per pound; ten thousand pounds of bolts can be sold at split-off for $15 per pound. for product costing purposes laredo allocates joint costs using the relative sales value method. the amount of joint cost allocated to nuts and bolts, respectively, would be

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Laredo manufactures nuts and bolts from a joint process (cost = $80,000). five thousand pounds of nu...
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