Data pertaining to a company's joint production for the current period follows: ...
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Accounting
Data pertaining to a company's joint production for the current period follows:
| L | M | |
| Quantities produced | 200 lbs. | 150 lbs. |
| Market value at split-off point | $8/lb. | $16/lb. |
Compute the cost to be allocated to Product M for this period's $660 of joint costs if the value basis is used
$264.
$396.
$330.
$1,364.
$796.
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