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Business, 14.11.2019 03:31 leleee10

Ferrier chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 150,000 pounds of raw materials, the company generates 35,000 pounds of b7, 75,000 pounds of k6, and 40,000 pounds of x9. a standard batch costs $600,000 to produce. the sales prices per pound are $6, $10, and $16 for b7, k6, and x9, respectively. required: a. allocate the joint product cost among the three final products using weight as the allocation base.

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