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Hurley Processors Processes Clay into Two Joint Products, Molding Foam

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Hurley Processors processes clay into two joint products, molding foam and craft blocks.When processed, each pound of clay yields 20 units of foam and 80 units of blocks.Foam sells for $2 per unit and blocks sells for $1.50 per unit.The total cost to process a 100-pound batch of clay is $35.If the relative sales value method is used to allocate the joint costs, what is the total amount that will be allocated to each batch?

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Definitions:

Vascular Tissue

Specialized tissue in plants that is responsible for the transport of water and nutrients throughout the plant body.

Ground Tissue

Plant tissue that makes up the bulk of the plant body, involved in photosynthesis, storage, and support, excluding the vascular and dermal tissues.

Dermal Tissue

Dermal tissue is a protective outer layer of cells in plants, equivalent to skin in animals, that serves as the first defense barrier against the environment.

Mesophyll Tissue

The inner tissue of a leaf, containing many chloroplasts where photosynthesis takes place.

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