Which of the Following Methods Allocates Joint Production Costs Based

question 47

Multiple Choice

Which of the following methods allocates joint production costs based on their proportionate share of eventual revenue less further processing costs?

• A)sales-value-at-split-off method
• B)net realizable value method
• C)physical units method
• D)replacement cost method

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Definitions:

Subalternate

In Aristotelian logic, a term that refers to the relationship between particular and universal propositions where the truth of the universal necessitates the truth of the particular.

Quality

A measure of how good something is in relation to similar types of things; its level of excellence.

Quantity

The property that describes the amount or number of material or immaterial things.

Subcontrary

In logic, propositions that cannot both be false but can both be true, used in the context of categorical logic.