If the sales price at the split-off point is available and reliable, the best method of allocating joint product costs is the
A)sales value at split-off method.
B)net realizable value method.
C)physical quantities method.
D)direct allocation method.

Question

Quizplus · Accepted Answer

The sales value at split-off method is preferred when the sales price at the split-off point is available and reliable, as it allocates joint costs based on the relative sales value of each product at the split-off point.

If the Sales Price at the Split-Off Point Is Available