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Blasto, inc., operates several mines. at one, a typical batch of ore run through the plant yields three products: lead, copper, and manganese. at the split-off point, the intermediate products cannot be sold without further processing. the lead from a typical batch sells for $62,000 after incurring additional processing costs of $23,000. the copper is sold for $113,000 after additional processing costs of $15,500, and the manganese yield sells for $71,000 but requires additional processing costs of $12,500. the joint costs of processing the raw ore, including the cost of mining, are $215,000 per batch. required: use the estimated net realizable value method to allocate the joint processing costs. (do not round intermediate calculations.)
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Blasto, inc., operates several mines. at one, a typical batch of ore run through the plant yields th...
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