BC Lumber processes timber into four products. During January the joint costs of processing were $280,000. There was no beginning inventory at the beginning of the month. Production and sales value information for the month were as follows:
Sales Value at
Required:
Determine the value of ending inventory if the sales value at split off method is used for product costing. Round to 3 decimal places when necessary.
Definitions:
X-linked Color-blindness
A genetic condition affecting the ability to see colors correctly, passed down through genes located on the X chromosome.
Colorblind
A condition where a person is unable to distinguish certain colors, typically due to the absence or malfunction of certain color-detecting cells in the eye.
Probability
A measure of the likelihood that an event will occur, often quantified as a number between 0 and 1.
Immune System
A complex network of cells, tissues, and organs that work together to defend the body against pathogens and diseases.
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