Respuesta :
Answer:
B. Market Value Method
Explanation:
First, it should be noted that Joint Product costing method allocates joint costs based on the the value of sales per time. Furthermore, Joint costs ratio to the value of sales remains the same for all the products that are evaluated based on the method. When we talk of value of sales, we are automatically referring to the value at which the market receives the product or buys the product so this is market value method.
The implication of this, is that the gross profit percentage used for all the products undert this costing method will be the same. oint product costing method.
This costing method is usually employed by a business when maunfacturing process of the production process of goods is such that there is a stage where products are split off for different reasons. The production costs or manufacturing costs before the split of must be allocated threfore, a costing method (Joint Product Costing Method or Market Value Method) is assigned.
The joint product costing method that produces the same gross profit percentage for all products is known as Market value method so Option B is correct
To begin, it's important to understand that the Joint Product Costing approach allocates joint costs depending on the value of sales per hour. Furthermore, the Joint Costs to Sales Value Ratio remains constant for all items analysed using the approach. When we talk about the value of sales, we're talking about the price at which the market receives or purchases the thing, therefore this is the market value method.
Option A is incorrect as The splitoff point is the point at which the expenses of two or more commodities can be divided.
Option C is incorrect as Actual costing is a cost accounting system that determines the cost of individual items by using actual costs, direct-cost rates, and actual quality used in manufacturing.
Option D is incorrect as The physical measure technique assigns cost to a product based on its weight, volume, or some other quantity.
For more information about the joint product costing method refer to the link:
https://brainly.com/question/13537893?referrer=searchResults
