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 13 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

blakcmamba

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

« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

False killer whales False killer whales
TrUe....FaLsE TrUe....FaLsE
False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth. False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth.
False Solomons Seal False Solomons Seal
The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro The human X chromosome (left) and the Y chromosome (right). This false-color scanning electron micro
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library