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Business, 30.04.2021 20:30 LittleNerd2852

Differential Chemical produced 10,000 gallons of Preon and 20,000 gallons of Preon. Joint costs incurred in producing the two products totaled $7,500. At the split-off point, Preon has a market value of $6.00 per gallon and Preon $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used. Multiple Choice $2,500. $3,000. $4,500. $5,625. $1,500

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