Which Statement Is True of the Relative Sales Value Method

question 91

Multiple Choice

Which statement is true of the relative sales value method if all joints products are sold at the split-off point?
I.The products will have the same gross margin ratio.
II.The products will have the same gross margin per unit.

• A)Both I and II
• B)Neither I nor II
• C)Only I
• D)Only II

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