The Joint-Cost Allocation Method That Recognizes the Revenues at Split-Off

question 12

Multiple Choice

The joint-cost allocation method that recognizes the revenues at split-off but does not consider any further processing costs is the:

• A)relative-sales-value method.
• B)net-realizable-value method.
• C)physical-units method.
• D)reciprocal-accounting methoD.
• E)gross margin at split-off method.

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Definitions:

Epididymis

A coiled tube at the back of the testis where sperm mature and are stored.

Urethra

The tube that conducts urine from the bladder to the outside of the body in both males and females and also transports semen in males.

Membranous Urethra

The portion of the urethra that passes through the urogenital diaphragm, extending from the prostatic urethra to the spongy urethra.

Pelvic Cavity

A body cavity that is bounded by the bones of the pelvis and contains reproductive organs, the urinary bladder, and the rectum.