The net realisable value method allocates joint costs using the relative value of main products, taking into account the additional sales value and costs incurred after joint production ends.

Question

Quizplus · Accepted Answer

The net realisable value method allocates joint costs based on the final sales value minus any additional costs incurred after the split-off point, reflecting the relative value of the main products.

The Net Realisable Value Method Allocates Joint Costs Using the Relative