The physical output method for allocating joint costs is used when the output for all products can be expressed using the same physical measure.
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Q88: Physical output method is a way to
Q89: Over time, by-products may become main products
Q90: Joint costs are relevant in decisions about
Q91: By-products exist because the entity is producing
Q92: Joint costs are not allocated to individual
Q94: The constant gross margin NRV method best
Q95: Joint costs are excluded from inventory and
Q96: Because the process of allocating joint costs
Q97: Market based methods for allocating joint costs
Q98: Split off point is the point at
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