Physical measure and net realizable value, Cost Accounting

Assignment Help:

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.


Related Discussions:- Physical measure and net realizable value

Statement of changes in working capital, A statement of changes in working ...

A statement of changes in working capital assists us in locating where such changes took place. In the first example we try to demonstrate the increase or decrease in particular it

The sales value basis., The following data relate to three joint products: ...

The following data relate to three joint products:                                                                               A                 B                     C

Operating costing, meaning and definition of operating costing

meaning and definition of operating costing

The overhead cost variances , The following facts have been extracted fr...

The following facts have been extracted from the standard cost card for product X:

Compute the equivalent units of production for materials, Clopack Company m...

Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department.

Computerized packages, types of computerized packages .its cost .features s...

types of computerized packages .its cost .features size of the business is intended to service

Calculate the retained profit, Harriet Ltd is a trading company set up a nu...

Harriet Ltd is a trading company set up a number of years ago with 5,000 £1ordinary shares issued at par. In order to expand the production facilities it needs to raise a further £

CVP Break even analysis, Bottoms Up company produces high quality sports eq...

Bottoms Up company produces high quality sports equipment. the companie''s racket division manufactures three tennis rackets- the Standard, Deluxe and the Pro that are widely used

Methods for resolving transfer pricing conflicts, what are the advantages a...

what are the advantages and disadvantages of marginal costs plus a fixed lump-sum fee?

Mining industry, are exploration costs of a mining company an asset or an e...

are exploration costs of a mining company an asset or an expense

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd