Why are approximated, rather than actual, net realizable values at split-off sometimes used to allocate joint cost?

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Cost Accounting Foundations And Evolutions

ISBN: 9780324235012

6th Edition

Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn

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Question Posted: Jun 27, 2024 02:18 AM

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Why are approximated, rather than actual, net realizable values at split-off sometimes used to allocate joint cost?

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Cost Accounting Foundations And Evolutions

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