Lipex Pty Ltd produces two products (A and B) from a particular 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. Joint production costs for the year were $60 000. Sales values and costs are as follows. 
Allocate the joint production costs based on the physical units method. What are the joint costs assigned to product A?
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The process of obtaining a formal verification or validation of certain qualifications or standards before engaging in specific activities.
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Environmental Protection Agency, a U.S. federal government agency responsible for protecting human health and the environment by writing and enforcing regulations.
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A detailed and inclusive plan or strategy designed to achieve a specific set of goals or to address a particular issue effectively.
Climate Change
A significant, long-term shift in global or regional climate patterns, often attributed to human activities such as burning fossil fuels, leading to phenomena such as global warming.
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