Physical measure and net realizable value, Cost Accounting

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.

Posted Date: 2/7/2013 3:01:10 AM | Location : United States







Related Discussions:- Physical measure and net realizable value, Assignment Help, Ask Question on Physical measure and net realizable value, Get Answer, Expert's Help, Physical measure and net realizable value Discussions

Write discussion on Physical measure and net realizable value
Your posts are moderated
Related Questions
The level of activity at which total revenues eqivalent total costs. A point at which there is no profit and no loss.

What are the journal entries to recognize each of the below events. a.   The firm records bad debt expense of 5% of credit sales, which were $300.  The firm uses the Percentage

Tracking Overhead Jack would have a many task at hand if he tried to daily trace all such items of overhead. For example: x     How difficult it would  become to track the "


If fixed costs are $200,000 and the unit contribution margin is $20, what amount of units must be sold in order to have a zero profit?

Reamer Company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for next ye

how to determine reasonable, allowable, allocable, variable, fixed cost of new company

QUESTION 1: PART A Swatathon Inc. has two production departments (A and B) and two service departments (maintenance and stores). Details of next year's budgeted overheads

Atkinson's Reliable Tools makes two products that use similar raw materials: #587Q and #253X. Estimated production needs for a unit of each product follows. #587Q #253X Steel (in p

Estimate the manufacturing cost for a bearing housing following the Formula Student Costing Scheme.  Dimensions and materials of the bearing housing will depend on your student