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StormLrd StormLrd
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6 years ago
The constant gross margin percentage NRV method of joint cost allocation
A) involves allocating costs in such a way that maintaining the same gross margin percentage for each product that was obtained in prior years.
B) involves allocating costs in such a way that the overall gross margin percentage is identical for the individual products.
C) is the same as the estimated NRV method.
D) is the same as the sales value at splitoff method.
E) will result in different gross margins for each product.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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AllopaAllopa
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StormLrd Author
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6 years ago
Good timing, thanks!
bkrandy
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Yesterday
You make an excellent tutor!
DragonHeart
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2 hours ago
This helped my grade so much Perfect
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