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 smallest joint cost allocation to M3?
A) Net realizable value
B) Sales value at split-off point
C) Physical output
D) Constant gross margin NRV

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 smallest joint cost allocation to M3?
A) Net realizable value 
B) Sales value at split-off point 
C) Physical output 
D) Constant gross margin NRV

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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 smallest joint cost allocation to M3?
A) Net realizable value 
B) Sales value at split-off point 
C) Physical output 
D) Constant gross margin NRV

Use the Following Information for the Next 8 Questions