For the purposes of allocating joint costs to joint products, the sales price at

ID: 2588137 • Letter: F

Question

For the purposes of allocating joint costs to joint products, the sales price at the point of sale, reduced by the cost to complete after split-off, is assumed to be equal to the (CPA adapted) relative sales value at split-off. joint costs. total costs. sales price less a normal profit margin at point of sale. For the purposes of allocating joint costs to joint products, the sales price at the point of sale, reduced by the cost to complete after split-off, is assumed to be equal to the (CPA adapted) relative sales value at split-off. joint costs. total costs. sales price less a normal profit margin at point of sale. relative sales value at split-off. joint costs. total costs. sales price less a normal profit margin at point of sale.

Explanation / Answer

The answer will be Sale price less a normal profit margin at point of sale because the sales price at the point of sale reduced by the cost to complete after split off as mentioned in the question.

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For the purposes of allocating joint costs to joint products, the sales price at

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