Which is an advantage of the relative market value approach

Assignment Help Cost Accounting
Reference no: EM132811144

Problem 1: Which of the following is an advantage of the relative market value approach to joint cost allocation?

a. The weighted factors used by the relative market value approach for joint cost allocation ensure that the jointly produced products are profitable.

b. The relative market value approach to joint cost allocation will ensure that allocated costs remain constant.

c. The relative market value approach to joint cost allocation will not produce consistently profitable or unprofitable items.

d. The relative market value approach to joint cost allocation ensures that each joint product is marketed profitability.

Reference no: EM132811144

Questions Cloud

List three effective management communication characteristic : List three effective management communication characteristics.
Assess the key elements that define strategy : i. Assess the key elements that define strategy and spell out the key elements of strategic management?
Calculate the initial purchase prise of the property plant : Calculate the initial purchase prise of the property plant and equipment (automated botting plant) and show your working (including refrences to the accounting)
Identify one concept you learned about in the video : In your own words, how does this speaker's ideas intersect with education (and/or other) policy that impacts youth? Identify at least one concept you learned.
Which is an advantage of the relative market value approach : Which is an advantage of the relative market value approach to joint cost allocation? The weighted factors used by the relative market value approach
What would be amount of the credit in contributed surplus : On December 31, 2016, 60,000 options remained unexercised. What would be amount of the credit in contributed surplus account
Describe the concept of separation of powers : Describe the concept of separation of powers. The Federal Government of Malaysia adopts the concepts of separate of powers namely the legislative, executive
Purpose statement for various designs : Purpose statement for various designs - The dependent variable(s) will be defined as (provide a definition), and the control and intervening variable
What the accounting rate of return would be : What the accounting rate of return would be? Microsoft Co. is considering the purchase of a P100,000 machine that is expected to result in a decrease

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd