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The Constant Gross Margin Percentage NRV Method Multiple Choice Questions (MCQ Quiz) with Answers PDF (Constant Gross Margin Percentage NRV Method MCQ PDF e-Book) download to learn MBA Cost Accounting Tests. Study Cost Allocation: Joint Products and Byproducts Multiple Choice Questions and Answers (MCQs), Constant Gross Margin Percentage NRV Method quiz answers PDF to study online MBA accounting courses. The Constant Gross Margin Percentage NRV Method MCQ App Download: Free MBA Cost Accounting App to learn joint cost basics, sales value: split off method, irrelevant joint costs: decision making, constant gross margin percentage nrv method test prep for online school of business administration.

The MCQ: The first step in constant gross margin percentage, Net realizable value (NRV) method is to allocate joint, to compute "Constant Gross Margin Percentage NRV Method" App Download [Free] with answers: gross margin percentage, total production cost of each product, allocated joint costs, and cost of split off point to study online MBA accounting courses. Practice Constant Gross Margin Percentage NRV Method Quiz Questions, download Apple Book (Free Sample) for online business administration and management degree.

Constant Gross Margin Percentage NRV Method Questions and Answers PDF Download

MCQ: 1

The first step in constant gross margin percentage, Net realizable value (NRV) method is to allocate joint, to compute

  1. Gross margin percentage
  2. total production cost of each product
  3. allocated joint costs
  4. cost of split off point
MCQ: 2

The joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as

  1. sales value at split off method
  2. joint products value at split off method
  3. constant gross margin percentage NRV method
  4. Gross realizable value method
MCQ: 3

The second step, in constant gross margin percentage Net Realizable Value (NRV) method, to allocate joint cost is to compute

  1. allocated joint costs
  2. cost of split off point
  3. Gross margin percentage
  4. total production cost of each product
MCQ: 4

The gross margin is subtracted from sales value of all production to yield

  1. labor cost incurred on product
  2. production cost incurred on product
  3. marketing cost incurred on product
  4. all of above
MCQ: 5

The percentage of overall gross margin is multiplied to final sales value of products total production is used to calculate

  1. Gross margin in terms of amount of money
  2. Gross margin in terms of separable costs
  3. Gross margin in terms of total cost
  4. Gross margin in terms of labor cost

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Constant Gross Margin Percentage NRV Method MCQ App (Android & iOS)

Constant Gross Margin Percentage NRV Method MCQ App

Constant Gross Margin Percentage NRV Method MCQ App (iOS & Android)

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