Allocate joint costs using the physical quantities method

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Integrative Case (Comparative Methods) The company Alimentos Frescos S.A. processes corn and obtains: corn flour, corn oil and starch. • Joint cost: RD$ 80,000. Production: • Flour: 10,000 kg. Separation price: RD$ 3/kg. Additional costs: 20,000. Final price: RD$ 4/kg. • Oil: 5,000 kg. Separation price: RD$ 6/kg. Additional costs: 10,000. Final price: RD$ 8/kg. • Starch: 7,000 kg. Separation price: RD$ 2/kg. Additional costs: 5,000. Final price: RD$ 2.5/kg. • Requirement: Allocate joint costs using the physical quantities method. Repeat the allocation using the net realizable value (NRV) method. Get the instant assignment help. Compare the results and discuss the differences.

Reference no: EM133928452

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