Business
Business, 24.03.2020 05:34, kasier4600

Which of the following is false regarding net realizable value (NRV)?

a. NRV is the estimated selling price after processing the product beyond the split-off point.
b. the constant NRV method uses an identical gross-margin percentage for each product
c. to allocate joint costs it is better to use a product's market value
d. at the split-off point than its estimated NRV

answer
Answers: 3

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Which of the following is false regarding net realizable value (NRV)?

a. NRV is the esti...

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