The physical units method and the weighted average method are the only two common methods for allocating joint costs.

Name: The physical units method and the weighted average method are the only two common methods for allocating joint costs.
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There are several methods for allocating joint costs, including the physical units method, the weighted average method, the sales value at split-off method, and the net realizable value method, among others.

The Physical Units Method and the Weighted Average Method Are