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Determine the amount of joint cost allocated to each product

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Reference no: EM13985040

Zenon Chemical, Inc. processes pine rosin into three products: turpentine, paint thinner, and spot remover.  During May, the joint costs of processing were $240,000.  Production and sales value information for the month is as follows:

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Question: Determine the amount of joint cost allocated to each product if the physical-measure method is used. (10points) 

Reference no: EM13985040

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