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Which is an advantage of the relative market value approach

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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

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