Joint costs are commonly allocated based upon relative:
A)Sales value.
B)Marketing costs.
C)Conversion costs.
D)Prime costs.

Name: Joint costs are commonly allocated based upon relative: A)Sales value. B)Marketing costs. C)Conversion costs. D)Prime costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Joint costs are allocated based on the relative sales value of the products because this method reflects the economic reality that the value of each product is proportional to its sales value.

Joint Costs Are Commonly Allocated Based Upon Relative