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Physical Measure and Net Realizable Value
Physical Measure/Unit
Joint costs are assigned to the joint products according to the ratio of physical measurement of the outputs at the split off point.
Net Realizable Value
Beneath this method, joint costs are assigned according to the net realizable*
Net Realizable Value = Ultimate Sales Value - Separable Costs.
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CAN I HAVE A QUESTION
The following information is provided to you concerning Lydia Ltd as at 30 June 2012. Assume a company tax rate of 30%. (i) The balance of rent received in advance in the balan
It takes about two to three years to fully execute FCA and get all employees comfortable with it. Even then, the process will still develop. In Greensboro, North Carolina, it took
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