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

Multiple Choice

For the purposes of allocating joint costs to joint products,the sales price at the point of sale,reduced by the cost to complete after split-off,is assumed to be equal to the: (CPA adapted)

A) total costs.
B) joint costs.
C) sales price less a normal profit margin at point of sale.
D) relative sales value at split-off.