This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is false regarding net realizable value (NRV)? (Read 39 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
on: Mar 6, 2021

Question 1

Which of the following is a is a market-based approach to allocating joint costs?
◦ sales units
◦ units of production
◦ physical measures
◦ net realizable value

Question 2

Which of the following is false regarding net realizable value (NRV)?
◦ it is better to use a product's market value at the split-off point than its estimated NRV
◦ the estimated NRV at the split-off point is calculated by taking the sales value after further processing and deducting additional processing costs
◦ NRV is the estimated selling price after processing the product beyond the split-off point.
◦ the constant NRV method uses an identical gross-margin percentage for each product to allocate joint costs
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mmm on Mar 6, 2021

hugthug12

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


mmm

  • Member
  • Posts: 558
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

The Sun in false-color ultraviolet image The Sun in false-color ultraviolet image
TrUe....FaLsE TrUe....FaLsE
A 1998 false-colour near-infrared image of Uranus showing cloud bands, rings, and moons obtained by A 1998 false-colour near-infrared image of Uranus showing cloud bands, rings, and moons obtained by
False Solomons Seal False Solomons Seal
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Video: Conjunctivitis

For a complete list of videos, visit our video library