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Amos, SA, Manufactures Products a and B from a Joint Process

question 20

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Amos, SA., manufactures products A and B from a joint process. Joint product costs were £40,000 during the month of October. Additional information is as follows: Amos, SA., manufactures products A and B from a joint process. Joint product costs were £40,000 during the month of October. Additional information is as follows:   Amos uses the sales-value-at-split-off method of joint cost allocation. What is the amount of joint product costs to be allocated to products A and B in October, respectively? A)  £20,000; £20,000 B)  £22,000; £18,000 C)  £28,000; £12,000 D)  £18,000; £22,000 Amos uses the sales-value-at-split-off method of joint cost allocation. What is the amount of joint product costs to be allocated to products A and B in October, respectively?

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Definitions:

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A regulatory process that combines elements of both formal rulemaking proceedings and informal rulemaking proceedings.

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