Approximated net realizable value at split-off for joint products is computed as
A)selling price at split-off minus further processing and disposal costs.
B)final selling price minus further processing and disposal costs.
C)selling price at split-off minus allocated joint processing costs.
D)final selling price minus a normal profit margin.

Question

Quizplus · Accepted Answer

The net realizable value at split-off is calculated by taking the final selling price and subtracting any further processing and disposal costs that are incurred after the split-off point.

Approximated Net Realizable Value at Split-Off for Joint Products Is