An advantage of the sales value at splitoff method is Select one: a. it always yields the same results as the gross margin percentage method. b.the cost allocation base is well understood. c. the fact that there may not be a ready market at the splitoff point. d. the fact that only a few assumptions are required beyond the splitoff point. e.the fact that it can be supported subjectively

An advantage of the sales value at splitoff method is Select one: a. it always yields the same results as the gross margin percentage method. b.the cost allocation base is well understood. c. the fact that there may not be a ready market at the splitoff point. d. the fact that only a few assumptions are required beyond the splitoff point. e.the fact that it can be supported subjectively

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 16MC: Which of the following methods of cost estimation relies on only two data points? A. the high-low...

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