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    Cost Accounting
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    Exam 16: Cost Allocation: Joint Products and Byproducts
  5. Question
    The Constant Gross-Margin Percentage NRV Method Allocates Joint Costs to Joint
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The Constant Gross-Margin Percentage NRV Method Allocates Joint Costs to Joint

Question 73

Question 73

True/False

The constant gross-margin percentage 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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