What Joint Cost Allocation Method Would Assign the Same Amount

question 134

Multiple Choice

What joint cost allocation method would assign the same amount of cost per unit to two joint products that sell for $10 and $40,respectively?

• A)sales-value-at-split-off method
• B)direct allocation method
• C)net realizable value method
• D)physical unit method

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Definitions:

Fund

A sum of money saved or made available for a particular purpose.

Net Incomes

The total earnings or profit of an individual or business after taxes and deductions have been accounted for.

Contributions

The act of giving or donating something, such as time, money, or resources, to a cause or purpose.

Sorority Sock Hop

A themed dance event traditionally organized by a sorority, often characterized by sock-wearing and nostalgia for 1950s music and dance styles.