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