Oregon Lumber processes timber into four products. During January, the joint costs of processing were $280,000. There was no inventory at the beginning of the month. Production and sales value information for the month is as follows:
Required:
Determine the value of ending inventory if the sales value at splitoff method is used for product costing. Round to 3 decimal places when necessary.
Definitions:
Health Expectancy
A statistical measure of how long people can expect to live without serious health problems.
Lifestyle Changes
Adjustments made in an individual's habits and behaviors that impact overall health and well-being.
Americans
People who live in or hold citizenship of the United States of America.
Health Trends
The general direction in which the collective health of a population is moving, often identified through statistical analysis of health-related data over time.
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