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

Correct Answer: physical-measure method

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.
Bissoy MCQ
#Commerce #Costing

Related Questions

Weight of C is twice the weight of M. Weight of M is 1/9 of the weight of R. Weight of R is 5/2 of the weight of K. Weight of K is 1/3 of the weight of G. Who is the second lightest?
A C
B M
C K
D G
Jony weighs twice as much as Suzan's. Suzan's weight is 60% of Sami's weight. Manik's weight is 50% of Lynda's weight. Lynda weight 190% of Jony's weight. Which of these 5 people weight the least?
A Suzan
B Manik
C Lynda
D Sami
Alam weighs twice as much as much as Marina. Marina's weight is 60% of Robin's weight. Drabir weight 50% of Lima's weight. Lima weight 190% of Alam's weight. Which of these 5 people weight the least?
A Robin
B Lima
C Drabir
D Marina
Which of the following are products and services bought by final consumers for personal consumption? These include convenience products, shopping products, specialty products, and unsought products.
A Material and parts
B Consumer products
C Industrial products
D Capital items
Alam weight twice as much as Marina. Marina's weight is 60% of Robin's weight. Drabir weight 50% of Lina's weight. Lina weighs 190% of Alam's weight. Which of these 5 persons weighs the least?
A Robin
B Lina
C Drabir
D Marina
Jasim's weight is 140% of Masum's weight. Bashir's weight is 90% of Limon's weight. Limon weights twice as much as Masum. What percentage of Jasim's weight is Bashir's weight?
A 6447%
B 7729%
C 12847%
D 15559%
A manufacturer sells three products i.e A, B and C . Product A costs 200 and sells for 250, Product B costs 150 and sells for 180 , product C costs 100 adn sells for 110. On which product, he has maximum percentage of profit?
A B only
B A and B both
C A only
D C only
A manufacturer sells three products i.e A, B and C. Product A costs 200 and sells for 250, Product b costs 150 and sells for 180, product C costs 100 and sells for 110. On which product, he has maximum percentage of profit?
A B only
B A and both
C A only
D C only
In an income statement, when costs become cost of sold goods and manufactured products are sold, such costs are
A inventoriable costs
B finished costs
C factory overhead costs
D manufacturing overhead costs
In a weight-lifting competition, the total weight of Joe's two lifts was 750 pounds. Twice the weight of his first lift was 300 pounds more than the weight of his second lift. What was the weight, in pounds, of his first lift?
A 225
B 275
C 325
D 350

Next steps