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Outputs with zero sales value are accounted for by O ·listing these various outputs in a footnote to the financial statements. • including the items as a relatively small portion of the value assigned to the products produced during the accounting period. O • making journal entries to reflect an estimate of possible values. .pone of the above

Outputs with zero sales value are accounted for by O ·listing these various outputs in a footnote to the financial statements. • including the items as a relatively small portion of the value assigned to the products produced during the accounting period. O • making journal entries to reflect an estimate of possible values. .pone of the above

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter5: Inventories And Cost Of Goods Sold
Section: Chapter Questions
Problem 5.5E: Missing Amounts in Cost of Goods Sold Model For each of the following independent cases, fill in the...
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Outputs with zero sales value are accounted for by • listing these various outputs in a footnote to the financial statements. • including the items as a relatively small portion of the value assigned to the products produced during the accounting period. O • making journal entries to reflect an estimate of possible values. O • none of the above.
Transcribed Image Text:Outputs with zero sales value are accounted for by • listing these various outputs in a footnote to the financial statements. • including the items as a relatively small portion of the value assigned to the products produced during the accounting period. O • making journal entries to reflect an estimate of possible values. O • none of the above.
By products and main products are differentiated by • number of units per processing period. O • depending on sales volume per product O the amount of sales value per total, for entire products O the amount of sales value per unit before split off O • None of the above
Transcribed Image Text:By products and main products are differentiated by • number of units per processing period. O • depending on sales volume per product O the amount of sales value per total, for entire products O the amount of sales value per unit before split off O • None of the above
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