Joint Costs in Different Industries May Be Allocated Using Any

question 2

Multiple Choice

Joint costs in different industries may be allocated using any of the following methods, except:

• A)relative cubic footage of gases from a gas exploration process
• B)relative sales values of fresh tomatoes, pulp tomatoes and tomato juice at the split-off point
• C)relative profitability of pine planks, plywood, chips and sawdust at the split-off point
• D)relative net realizable values at the split-off point of gold, silver, copper found in 100 tons of mining ore
• E)none of the above

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Definitions:

Antimony

A brittle, lustrous gray metalloid used in alloys, flame retardants, and electronics, represented by the symbol Sb and atomic number 51.

Silicon

A chemical element with symbol Si and atomic number 14, known for its semiconductor properties in electronics.

Metals

Elements that are typically hard, shiny, malleable, fusible, and ductile, with good electrical and thermal conductivity.

Iron

A durable and abundant metallic element, symbol Fe, atomic number 26, used extensively as a component in steel and various other alloys.