Examlex
The net realizable value (NRV) method allocates joint costs to joint products produced during the accounting period on the basis of their relative NRV-final sales value plus separable costs.
Unit Selling Price
The price at which an individual unit of product is sold to customers.
Percentage
A way of expressing a number as a fraction of 100, denoted using the symbol "%".
Unit Variable Cost
The cost attributed to each unit produced, varying with the level of output.
Selling Price
The amount of money for which a product or service is sold to the customer.
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