The third step in constant gross margin percentage NRV Method to allocate joint cost is to compute Options: A . &nbspGross margin percentage B . &nbsptotal production cost of each product C . &nbspallocated joint costs D . &nbspcost of split off point

The third step in constant gross margin percentage NRV Method to allocate joint

Question

The third step in constant gross margin percentage NRV Method to allocate joint cost is to compute

Options:

A . Gross margin percentage

B . total production cost of each product

C . allocated joint costs

D . cost of split off point

Answer: Option C
Answer: (c).allocated joint costs

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Question 1. The gross margin percentage in constant gross-margin percentage NRV method is based on....

Question 2. If the net realizable value is $20000 and the separable costs are $18000, then the final sales will be....

Question 3. The value of sales, consider sales value at split off method is of....

Question 4. In customer cost hierarchy, the costs of all activities incurred to sell group of units to end consumers are classified ....sell group of units to end consumers are classified as

Question 5. If the flexible budget amount is $7500 and the sales volume variance is $6500, then the static budget amount would be....

Question 6. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as....

Question 7. For increasing sales, the decrease in selling price, below the selling price list is known as....

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Question 9. The division of all the costs related to customers on the basis of different cost allocation bases or cost drivers are c....of different cost allocation bases or cost drivers are called

Question 10. In customer cost hierarchy, the costs of all the incurred activities to sell a unit of product are classified as....

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