1. In a joint process of production, product which yields low volume of sales as compared to total sales of other products is known as
2. Difference between final sales value and separable costs is equal to
3. As compared to sale value of main products, by-products have
4. If final sales are $50000 and separable costs are $35000, then net realizable value will be
5. Joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as
6. Manufacturing, distribution and marketing costs incur after split off point is classified under
7. Method which allocates joint costs of joint products, considering physical measures such as volume or relative weight at point of split off is known as
8. If value of final sales is $48000 and net realizable value is $35000, then value of sales costs would be
9. Second step, in constant gross margin percentage NRV method, to allocate joint cost is to compute
10. In a joint process of production, a product which yields high volume of sales as compared to total sales volume of other products is known as
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