Under the market value at split-off method, if a product is sold at the split-off point, its
A)estimated sales price is used
B)actual sales prices is used
C)prior year sales price is used
D)weighted average sales price is used

Question

Quizplus · Accepted Answer

Under the market value at split-off method, if a product is sold at the split-off point, its actual sales price is used to allocate joint costs.

Under the Market Value at Split-Off Method, If a Product