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Marin Products produces three products - DBB-1,DBB-2,and DBB-3 from a joint process.Each product may be sold at the split-off point or processed further.Additional processing requires no special facilities,and production costs of further processing are entirely variable and traceable to the products involved.Key information about Marin's production,sales,and costs follows.
The amount of joint costs allocated to product DBB-1 using the net realizable value method is (calculate all ratios and percentages to 4 decimal places,for example 33.3333%,and round all dollar amounts to the nearest whole dollar) :
Liability
An individual's or entity's legal responsibility or obligation arising from past transactions, acts, or omissions.
Family And Medical Leave Act
A U.S. labor law that provides employees with unpaid, job-protected leave for certain family and medical reasons.
Essential Functions
Fundamental job duties of a position that must be performed with or without reasonable accommodation.
Serious Health Condition
A medical condition that requires inpatient care or continuing treatment by a healthcare provider, often relevant to employment laws and health insurance.
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