Which of the following is the method of allocating joint costs based on a physical measure of volume,weight,or any other common measure of physical characteristics?
A)absolute quantities method.
B)physical qualities method.
C)physical quantities method.
D)absolute qualities method.

Question

Quizplus · Accepted Answer

The method of allocating joint costs based on a physical measure of volume, weight, or any other common measure of physical characteristics is known as the physical quantities method. Therefore, option C is the correct choice. The other options, such as absolute quantities method and absolute qualities method, are not valid methods of allocating joint costs.

Which of the Following Is the Method of Allocating Joint