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  3. Study Set
    Cost Accounting Study Set 1
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    Exam 15: Cost Allocation: Joint Products and Byproducts
  5. Question
    The Constant Gross Margin Percentage of NRV Method Allocates Joint
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The Constant Gross Margin Percentage of NRV Method Allocates Joint

Question 85

Question 85

True/False

The constant gross margin percentage of NRV method allocates joint costs to joint products in such a way that the gross margin on each joint product is the same as it was in the previous year.

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