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If in some year gross investment was $120 billion and net investment was $65 billion, then in that year the country's capital stock
Allocated
The distribution of resources, costs, or expenses to specific departments, projects, or cost centers according to a predetermined method.
Constant Gross Margin Method
An inventory valuation method that maintains a fixed gross margin percentage for costing inventory despite changes in the cost of goods sold.
Joint Cost
The costs incurred in producing products up to a split-off point in a process that yields multiple products, typically allocated among the products based on some reasonable method.
Split-off
A point in the manufacturing process where multiple products are generated from a common input.
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