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    Financial and Managerial Accounting Study Set 11
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    Exam 19: Support Department and Joint Cost Allocation
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    Falco Industries May Want to Use the Net Realizable Value
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Falco Industries May Want to Use the Net Realizable Value

Question 157

Question 157

True/False

Falco Industries may want to use the net realizable value method of allocating joint costs because it manufactures many products that are processed further after the split-off point and will be sold for a much higher price after the additional processing.

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