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The following information relates to a joint production process for three products, with a total joint production cost of $185,000. There are no separable processing costs for any of the three products.

Product Sales Value
at Split-Off Units at
Split-Off
1 $ 203,500 540
2 92,500 1,080
3 74,000 1,980
$ 370,000 3,600

2. Required information 

What amount of joint cost is allocated to each of the three products using the physical units method?

Accounting Basics, Accounting

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