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Use the Following Information for the Next 8 Questions

question 9

Multiple Choice

Use the following information for the next 8 questions.
RKH Corporation produces three joint products. During a recent accounting period, joint costs totaled $365 and RKH had no beginning inventories. Additional data appear below: Use the following information for the next 8 questions. RKH Corporation produces three joint products. During a recent accounting period, joint costs totaled $365 and RKH had no beginning inventories. Additional data appear below:   -Which of the following methods will result in the greatest total joint cost allocation among the three products? I. Net realizable value II. Sales value at split-off point III. Physical output IV. Constant gross margin NRV A)  I and II only B)  II and III only C)  I and IV only D)  All methods will result in the same total joint cost allocated
-Which of the following methods will result in the greatest total joint cost allocation among the three products? I. Net realizable value
II. Sales value at split-off point
III. Physical output
IV. Constant gross margin NRV


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