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Author Question: Which of the following is not true of the joint allocation methods? (Read 28 times)

Mr. Wonderful

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Question 1

When the selling prices of all products at the split-off point are unavailable, the ________ is the best alternative for allocating joint costs.
◦ sales value at split-off method
◦ NRV method
◦ physical measures method
◦ constant gross-margin percentage method

Question 2

Which of the following is not true of the joint allocation methods?
◦ the sales value at the split-off method is the best measure of benefits received
◦ when selling prices of all products at the split-off are unavailable, the NRV method is the best alternative
◦ the constant gross-margin percentage NRV method treats the joint products as though they comprise a single product
◦ when selling prices are at the split-off point are available but further processing is necessary, the NRV method is the preferred allocation method


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Marked as best answer by Mr. Wonderful on Mar 6, 2021

Liamb2179

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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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Mr. Wonderful

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


DylanD1323

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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