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Saved Data pertaining to a company's joint production for the current period follows: Quantities produced...

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Saved Data pertaining to a company's joint production for the current period follows: Quantities produced Market value at split-off point M 215 lbs. 129 lbs. $ 8/lb. $ 20 /lb. Compute the cost to be allocated to Product for this period's $720 of joint costs if the value basis is used

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