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Trundle Ltd. produces 2 main products, J and K, and a by-product, L. There were no beginning inventories. During April, it incurred $275,000 of joint costs, which are allocated to main products using the physical output method. Additional information follows:
Required:
Assuming Trundle recognizes byproduct revenue at the time of sale, what is the total value of ending inventory?
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The year notable for significant events in history such as the first human landing on the Moon by Apollo 11 and the Woodstock music festival.
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Telecommunication devices that transmit and receive sound, most commonly voice, across distances.
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A type of electrical cable consisting of a central conductor surrounded by an insulating layer and an outer conducting shield, used for transmitting television, internet, and other data signals.
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