Consider the Following Statement: Each Product Is Assigned a Weighting

Multiple Choice

Consider the following statement: Each product is assigned a weighting factor that is multiplied by the number of units.Joint cost is prorated to the products on the basis of each product's share of total weighted units.Which joint cost allocation method does the statement describe?

A) physical units method
B) weighted average method
C) sales-value-at-split-off method
D) net realizable value method