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Why is the constant gross margin percentage NRV method sometimes called ajoint cost and a profitallocation method? The constantgross-margin percentage NRVmethod: A. takes account of
Why is the constant gross margin percentage NRV method sometimes called a"joint cost and a profitallocation" method?
The constantgross-margin percentage NRVmethod:
A.
takes account of theproduct's gross margin upon production completion.
B.
takes account of thepost-splitoff point"profit" contribution earned on individualproducts, in addition to the joint costs.
C.
take account of thepost-splitoff point"profit" contribution earned on individual products only.
D.
takes account of the joint costs only.
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