Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August,...

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Euclid Corporation processes a patented chemical, P-1, and produces two outputs, P-11 and P-12. In August, the costs to proce

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Answer 1

Answer #1

The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and format. For detailed answer refer to the supporting sheet.

Answer 2 in the given question we have to allocate the joint cost 4 5 6 Joint cost = material+ conversion cost = 165000+30000

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Answer 2

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