Which of the following is a is a market-based approach to allocating joint costs?
A) sales units
B) units of production
C) physical measures
D) net realizable value

Name: Which of the following is a is a market-based approach to allocating joint costs? A) sales units B) units of production C) physical measures D) net realizable value
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Question

Quizplus · Accepted Answer

The net realizable value method is a market-based approach because it allocates joint costs based on the final market value of the products after further processing.

Which of the Following Is a Is a Market-Based Approach