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Cost Allocation: Joint Products and Byproducts MCQ e-Book PDF | MBA Cost Accounting App Download

MBA Cost Accounting Entrance Tests: Practice Test 2 (Chapter 10)

Cost Allocation: Joint Products and Byproducts Multiple Choice Questions (MCQ) PDF Download - 2

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The Cost Allocation Joint Products and Byproducts Multiple Choice Questions (MCQ Quiz) with Answers PDF (Cost Allocation Joint Products and Byproducts MCQ PDF e-Book) download Ch. 10-2 to learn MBA Cost Accounting Course. Solve Scrap and Byproducts Accounting Multiple Choice Questions (MCQs), Cost Allocation Joint Products and Byproducts quiz with answers PDF to study online MBA accounting courses. The Cost Allocation Joint Products and Byproducts MCQ App Download: Free MBA Cost Accounting App to learn net realizable value method, constant gross margin percentage nrv method, joint cost basics, sales value: split off method career test for online schools for business management.

The MCQs: As compared to sale value of main products, the by-products have; "Cost Allocation: Joint Products and Byproducts" App (Android, iOS) with answers: high sale value, low sale value, unstable sale value, and relevant sale value to study online MBA accounting courses. Practice Information & Decision Process Quiz Questions, download Apple Book (Free Sample) for online business university.

Cost Allocation Joint Products & Byproducts MCQs with Answers PDF Download: Quiz 2

MCQ: 6

As compared to sale value of main products, the by-products have

  1. low sale value
  2. high sale value
  3. unstable sale value
  4. relevant sale value
MCQ: 7

If the final sales are $50000 and the separable costs are $35000, then the net realizable value will be

  1. $15,000
  2. $85,000
  3. $35,000
  4. $50,000
MCQ: 8

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: 9

The manufacturing, distribution and marketing costs incur after split off point is classified under

  1. separable costs
  2. joint costs
  3. main costs
  4. split off costs
MCQ: 10

The method which allocates joint costs of joint products, considering physical measures such as volume or relative weight at point of split off is known as

  1. direct cost measure method
  2. indirect cost measure method
  3. physical-measure method
  4. relative-measure method

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