SOLVED: The amount of joint costs allocated to product DBB-2 using the net realizable value method is (calculate all ratios and percentages to 2 decimal places, for example 33.33%, and round all dollar amounts to the nearest whole dollar):Marin Products produces three products DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities and production costs for further processing are entir
SOLVED: The amount of joint costs allocated to product DBB-2 using the net realizable value method is (calculate all ratios and percentages to 2 decimal places, for example
VIDEO ANSWER: To allocate the joint cost to dresses and blouses, you have to use the same method. We need to calculate their sales value at the split -off poin…
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