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Business, 19.10.2021 03:50 savannahwonder

The Spirits Company produces two productsmethanol (wood alcohol) and turpentineby a joint process. Joint costs amount to per batch of output. Each batch totals gallons: 25% methanol and 75% turpentine. Both products are processed further without gain or loss in volume. Separable processing costs are methanol, per gallon, and turpentine, per gallon. Methanol sells for per gallon. Turpentine sells for per gallon. Read the requirementsLOADING Requirement 1. How much of the joint costs per batch will be allocated to methanol and to turpentine, assuming that joint costs are allocated based on the number of gallons at splitoff point? (Round the weights to five decimal places.) Methanol Turpentine Total Physical measure of total production Weighting Joint costs allocated

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The Spirits Company produces two productsmethanol (wood alcohol) and turpentineby a joint process. J...
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