When Allocating Joint Costs, Grimsby Company Calculates the Final Sales

Multiple Choice

When allocating joint costs, Grimsby Company calculates the final sales value of the various products manufactured and subtracts appropriate separable costs. The company is using the:

A) gross margin at split-off method.
B) reciprocal-accounting method.
C) relative-sales-value method.
D) physical-units method.
E) net-realizable-value method.