Answer only question 2 in picture please A company manufactures three products, L-Ten,...
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Accounting
Answer only question in picture please A company manufactures three products, LTen, Triol, and Pioze, from a joint process. Each production run costs $ None of the products can be sold at splitoff, but must be processed further. Information on one batch of the three products is as follows: Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of LTen, Triol, and Pioze. Allocate the joint cost to LTen, Triol, and Pioze using the constant gross margin percentage method. Round the gross margin percentage to four decimal places and round all other computations to the nearest dollar.
Answer only question in picture please
A company manufactures three products, LTen, Triol, and Pioze, from a joint process. Each production run costs $ None of the products can be sold at splitoff,
but must be processed further. Information on one batch of the three products is as follows:
Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of LTen, Triol, and Pioze.
Allocate the joint cost to LTen, Triol, and Pioze using the constant gross margin percentage method. Round the gross margin percentage to four decimal
places and round all other computations to the nearest dollar.
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