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Author Question: Which of the following is false regarding net realizable value (NRV)? (Read 26 times)

mmm

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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
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Marked as best answer by mmm on Mar 6, 2021

hugthug12

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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.
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mmm

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

nathang24

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

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