Solution-Which methods of cost allocation based on market

Which methods of cost allocation based on market value

Assignment Help Cost Accounting

Reference no: EM132813095

Problem 1: Which of the following methods of cost allocation based on market value is used when there is no ready market price available for the individual products at the split-off point?

a. The physical units method
b. The sales-value-at-split-off method
c. The constant gross margin percentage method
d. The net realizable value method

Problem 2: Which of the following methods allocates joint production costs based on the pounds of product produced?

a. constant gross margin percentage method
b. replacement cost method
c. sales-value-at-split-off method
d. physical units method

Reference no: EM132813095

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Which methods of cost allocation based on market value

Reference no: EM132813095

Reference no: EM132813095

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