Use the following information for the next 8 questions.
RKH Corporation produces three joint products. During a recent accounting period, joint costs totaled $365 and RKH had no beginning inventories. Additional data appear below:
-Which of the following methods will result in the greatest joint cost allocation to M2?
A) Constant gross margin NRV
B) Net realizable value
C) Physical output
D) Sales value at split-off point

Question

Use the following information for the next 8 questions.
RKH Corporation produces three joint products. During a recent accounting period, joint costs totaled $365 and RKH had no beginning inventories. Additional data appear below: 
-Which of the following methods will result in the greatest joint cost allocation to M2?
A) Constant gross margin NRV 
B) Net realizable value 
C) Physical output 
D) Sales value at split-off point

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The Answer of Use the following information for the next 8 questions.
RKH Corporation produces three joint products. During a recent accounting period, joint costs totaled $365 and RKH had no beginning inventories. Additional data appear below: 
-Which of the following methods will result in the greatest joint cost allocation to M2?
A) Constant gross margin NRV 
B) Net realizable value 
C) Physical output 
D) Sales value at split-off point

Use the Following Information for the Next 8 Questions