When allocating joint costs,Weinberg calculates the final sales value of the various products manufactured and subtracts appropriate separable costs.The company is using the:
A)gross margin at split-off method.
B)reciprocal-accounting method.
C)relative-sales-value method.
D)physical-units methoD.
E)net-realizable-value method.

Question

Quizplus · Accepted Answer

The net-realizable-value method involves calculating the final sales value of products and subtracting separable costs to allocate joint costs.

When Allocating Joint Costs,Weinberg Calculates the Final Sales Value of the Various