Joint cost allocations proc of the unive joint acquisitions list of africana 1980 supplement to catalog of the melville j herskovits library of african studies northwestern university evanston. Joint production cost allocation an application in a meat manufacturing company it is the common prac tice that a production process ends up with more than one final prod ucts the products that result from the same production process are termed as joint products or by products of course the appropriate. To use this method simply divide the total production cost by the appropriate measure of output volume to yield the cost per unit of output one type of monetary measure of joint cost allocation is the sales value method using the sales value method separate and differentiate the primary products according to sales value. The constant gross margin percentage nrv method of joint cost allocation a involves allocating costs in such a way that maintaining the same gross margin percentage for each product that was obtained in prior years b computes gross margin before allocating the costs to the products c is the same as the estimated nrv method
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