3. If Lane uses the net realizable value method of allocating joint costs, how much of the joint cost should be allocated to product K. NRV P 18,800 K 1000 b. a. 40 00D P 20,000 P 26,667 d. 40 000 35 000 チ 00 79 000 |500 SOO 35 000 P 27,432 7 000 3 000 3 000 3 00D 54 000
3. If Lane uses the net realizable value method of allocating joint costs, how much of the joint cost should be allocated to product K. NRV P 18,800 K 1000 b. a. 40 00D P 20,000 P 26,667 d. 40 000 35 000 チ 00 79 000 |500 SOO 35 000 P 27,432 7 000 3 000 3 000 3 00D 54 000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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