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For Purposes of Allocating Joint Costs to Joint Products,the Estimated

Question 62

Multiple Choice

For purposes of allocating joint costs to joint products,the estimated net realizable value at split-off is equal to:


A) final sales price reduced by cost to complete after split-off.
B) sales price less a normal profit margin at the point of sale.
C) separable product cost plus a normal profit margin.
D) total sales value less joint costs at point of split-off.

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