
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
Correct Answer:
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Q81: Which of the following is false regarding
Q82: In joint costing, the sales value at
Q83: In joint costing, using physical measures at
Q84: The net realizable value (NRV) method method
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Q90: The only allowable method of joint cost
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