Business, 01.04.2021 19:30 yassinesayedahmad1

Oak View Chemicals produces two main products, M-10 and M-20, and one by-product, B-60, from a single input, Chem-X. Products M-10 and M-20 can either be sold at split-off or processed further and sold. A given batch begins with 1,160 gallons of Chem-X with a cost of $104,400. Additional information regarding a batch follows. If Processed Further Product Units Produced Unit Sales Value at Split-off Additional Costs (Per Unit) Sales Value (Per Unit) M-10 25,520 $ 5.00 $ 2.00 $ 6.00 M-20 16,240 $ 10.00 $ 4.00 $ 16.00 B-60 5,800 $ 0.50 NA NA Oak View Chemicals uses the net realizable at split-off approach to allocate joint costs and treats the sales value of the by-product B-60 as other income. Required: The joint cost allocated to product M-10 at Oak View Chemicals for a given batch is:

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Oak View Chemicals produces two main products, M-10 and M-20, and one by-product, B-60, from a singl...

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