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Business, 27.03.2020 03:06 19colemankl

Sasha's Hurricane Lamp Oil Company produces both A-1 Fancy and B Grade Oil. There are approximately $ 10 comma 000 in joint costs that Sasha may allocate using the relative sales value at splitoff or the net realizable value approach. Before splitoff, A-1 sells for $ 20 comma 000 while B grade sells for $ 30 comma 000. After an additional investment of $ 13 comma 000 after splitoff, $ 4 comma 800 for B grade and $ 8 comma 200 for A-1, both the products sell for $ 49 comma 000. What is the difference in allocated costs for the A-1 product assuming applications of the net realizable value and the net realizable value at splitoff approach? (Round intermediary calculations to four decimal places, X., and your final answer to the nearest whole dollar.)

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Sasha's Hurricane Lamp Oil Company produces both A-1 Fancy and B Grade Oil. There are approximately...
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