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help with all of these Compare profitability of products if joint costs are allocated under physical quantities, sales value at split-off, and NRV methods. costs,
help with all of these
Compare profitability of products if joint costs are allocated under physical quantities, sales value at split-off, and NRV methods. costs, and values of these products as produced and sold are as follows. Required (Round proportions to four decimal places, which is a percentage rounded to two decimal places.) sheet. (Note: Use fractions instead of decimals when specifying proportions under this method.) c. Allocate the joint costs under the NRV method and prepare (1) a partial income statement through gross margin and (2) the inventory section of the balance sheet. d. Compare the total amount of gross margin reported under all three methods. Why is it the same or different? Compare profitability of products if joint costs are allocated under physical quantities, sales value at split-off, and NRV methods. costs, and values of these products as produced and sold are as follows. Required (Round proportions to four decimal places, which is a percentage rounded to two decimal places.) sheet. (Note: Use fractions instead of decimals when specifying proportions under this method.) c. Allocate the joint costs under the NRV method and prepare (1) a partial income statement through gross margin and (2) the inventory section of the balance sheet. d. Compare the total amount of gross margin reported under all three methods. Why is it the same or different
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