All of the following methods may be used to allocate joint costs EXCEPT the
A)constant gross margin percentage NRV method.
B)estimated net realizable value method.
C)present value allocation method.
D)sales value at splitoff method.
E)physical measure method.

Question

Quizplus · Accepted Answer

The present value allocation method is not typically used for allocating joint costs. Joint costs are usually allocated using methods like NRV, sales value at splitoff, or physical measures.

All of the Following Methods May Be Used to Allocate