Which of the following would not be a GAAP or managerial accounting reason for allocating joint costs?
A) to calculate cost of goods sold
B) to analyze the profitability of various products
C) for reimbursement of costs under a federal contract
D) to evaluate the performance of division managers

Question

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The Answer of Which of the following would not be a GAAP or managerial accounting reason for allocating joint costs?
A) to calculate cost of goods sold
B) to analyze the profitability of various products
C) for reimbursement of costs under a federal contract
D) to evaluate the performance of division managers

Which of the Following Would Not Be a GAAP or Managerial