There are 4 methods for allocation of joint costs
by | Mar 18, 2020 | Uncategorized
There are 4 methods for allocation of joint costs: the sales value at splitoff method,the net realizable value (NRV) method, the constant gross-margin percentage method, and physical measures methods that use data such as weight or volume.
What are the formulas and the processes to allocated joint costs using these methods?
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