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Find sales value at split off of a joint product

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Reference no: EM132561155

Question 1: This method of allocating joint manufacturing costs to main/joint products allocates joint costs on the basis of estimated sales value at split off of a given joint product relative to the sales value at split off of total joint production.

a. Market value at split-off approach

b. Hypothetical market value or approximated net realizable value approach

c. Average unit or production output method

d. Weighted average method

Reference no: EM132561155

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