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The Constant Gross-Margin Percentage NRV Method of Joint Cost Allocation

Question 86

Multiple Choice
The constant gross-margin percentage NRV method of joint cost allocation ________.
A) involves allocating costs in such a way that maintaining the same gross margin percentage for each product that was obtained in prior years
B) computes gross margin before allocating the costs to the products
C) is the same as the estimated NRV method
D) is the same as the sales-value at split-off method

The constant gross-margin percentage NRV method of joint cost allocation ________.


A) involves allocating costs in such a way that maintaining the same gross margin percentage for each product that was obtained in prior years
B) computes gross margin before allocating the costs to the products
C) is the same as the estimated NRV method
D) is the same as the sales-value at split-off method

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