The relative sales value method is:
A) similar to the gross margin method.
B) used to account for spoilage.
C) a retail inventory method.
D) a cost allocation method.

Name: The relative sales value method is: A) similar to the gross margin method. B) used to account for spoilage. C) a retail inventory method. D) a cost allocation method.
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Question

Quizplus · Accepted Answer

The relative sales value method is a cost allocation method used to allocate joint costs to products based on their relative sales values.

The Relative Sales Value Method Is