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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

A. direct cost measure method

B. indirect cost measure method

C. physical-measure method

D. relative-measure method

Answer: Option C

Solution(By Examveda Team)

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 physical-measure method. The physical measure method allocates cost by the weight, volume, or some other measurement of the product that's produced.

This Question Belongs to Commerce >> Costing

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