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Joint products and by-products
Joint products and by-products
[Problems]
Chapter Name: Joint products and by products
Section: Problems
Number of Problems: 6
Solutions: Available for all 6 problems
Problem-1: Market value method for joint cost allocation and reversal cost method for by products
Problem-2: Market value at the split-off point for joint cost allocation
Problem-3: joint cost allocation; sell immediately or process further
Problem-4: Three methods of allocating joint costs
Problem-5: Joint product costing – constant gross margin percentage method
Problem-6: Sales-to-production-ratio method of joint cost allocation
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