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Author Question: In joint costing, which method assumes that all the markup is attributable to the joint process costs? (Read 98 times)

erika

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Question 1

What are the four methods of allocating joint costs to individual products? Which of these methods is preferred, and what are two advantages of this method?

Question 2

In joint costing, which method assumes that all the markup is attributable to the joint process costs?
◦ sales value at split-off method
◦ NRV method
◦ constant gross-margin percentage method
◦ physical measures method


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Marked as best answer by erika on Mar 6, 2021

moormoney

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erika

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


LegendaryAnswers

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Reply 3 on: Yesterday
Excellent

 

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