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Author Question: The drawback of the constant gross-margin percentage NRV method in joint costing is that it ________. (Read 88 times)

craiczarry

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The drawback of the constant gross-margin percentage NRV method in joint costing is that it ________.
◦ recognizes that profits are derived from the costs incurred after split-off
◦ assumes the profit margin to be identical across all products
◦ attempts to approximate the sales values at split-off by subtracting from final selling prices the separable costs incurred after the split-off point
◦ ignores the separable costs of further processing


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Marked as best answer by craiczarry on Mar 6, 2021

Mholman93

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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.
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craiczarry

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


robbielu01

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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