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

Question

Quizplus · Accepted Answer

The present-value allocation method is not typically used for allocating joint costs.

All of the Following Methods May Be Used to Allocate