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The Net Realizable Value Method Multiple Choice Questions (MCQ Quiz) with Answers PDF, Net Realizable Value Method MCQ PDF e-Book download to practice MBA Cost Accounting Tests. Learn Cost Allocation: Joint Products and Byproducts Multiple Choice Questions and Answers (MCQs), Net Realizable Value Method quiz answers PDF to study accounting certificate courses. The Net Realizable Value Method MCQ App Download: Free learning app for joint cost basics, sales value: split off method, irrelevant joint costs: decision making, constant gross margin percentage nrv method test prep for online schools for business administration.

The MCQ: If final sales are \$50000 and separable costs are \$35000, then net realizable value will be; "Net Realizable Value Method" App Download (Free) with answers: \$15,000; \$85,000; \$35,000; \$50,000; to study accounting certificate courses. Practice Net Realizable Value Method Quiz Questions, download Google eBook (Free Sample) for online bachelor degree programs in business administration.

Net Realizable Value Method MCQs: Questions and Answers

MCQ 1:

The difference between final sales value and separable costs is equal to

1. net income
2. net realizable value
3. Gross margin
4. Gross realizable value
MCQ 2:

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 3:

If value of final sales is \$48000 and the net realizable value is \$35000, then the value of sales costs would be

1. \$35,000
2. \$13,000
3. \$83,000
4. \$48,000
MCQ 4:

Joint cost allocation method for joint products, which is based on achievable value is known as

1. joint products value at split off method
2. main product cost at split off method
3. Gross realizable value method
4. net realizable value method
MCQ 5:

The final sales is subtracted from net realizable value is used to calculate

1. separable costs
2. inseparable costs
3. joint costs
4. floating costs