cutting the logs into a workable size (ranging from 8 to 16 feet in length),...

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Accounting

cutting the logs into a workable size (ranging from 8 to 16 feet in length), and then cutting the individual products from the logs.
Per Unit Information
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Read the requirements.
Product yields and average sales values on a per-unit basis from the joint process are
as follows:
Requirement 1. Based on the information given for Renkas Sawmill, allocate the joint processing costs of $980,000 to the three products using the (
method.
a. Begin by allocating the joint processing costs of $980,000 to the three products using the Sales value at splitoff method. (Round the weights to fou
Joint Cost Information
b. Based on the information given for Renkas Sawmill, allocate the joint processing costs of $980,000 to the three products using the Physical-meas
The joint process results in the following costs of products for a typical month:
Additional Information
averages $60 per unit.
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