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Princess Mirah Company manufactures Product S and T from joint process. The sales value at split-off was P50,000 for 6,000 units of Product S and P50,000 for 2,000 units of Product T.
Question 1: Assuming that the portion of the portion of the total joint cost properly allocated to Product S using sales value at split-off method was P30,000, what is the total joint cost?
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