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All-A-Buzz makes three products from a joint production process using honey. Joint cost for the...

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Accounting

All-A-Buzz makes three products from a joint production process using honey. Joint cost for the pr

All-A-Buzz makes three products from a joint production process using honey. Joint cost for the process in 2010 is $123,200.

Each container of honey butter, jam, and syrup, respectively, contains 16 ounces, 8 ounces, and 3 ounces of product.

a. Determine which products should be processed beyond the split-off point.

b. Assume honey syrup should be treated as a by-product. Allocate the joint cost based on units produced, weight, and sales value at split-off. Use the net realizable value method in accounting for the by-product. (Round to nearest wholepercentage.)

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