# Constant Gross Margin Percentage NRV Method MCQs Quiz Online PDF Download

Learn constant gross margin percentage nrv method MCQs, online MBA cost accounting test for distance education, online accounting courses prep. Practice cost allocation: joint products and byproducts multiple choice questions (MCQs), constant gross margin percentage nrv method quiz questions and answers. GMAT test prep on net realizable value method, joint cost basics, sales value: split off method, irrelevant joint costs: decision making, constant gross margin percentage nrv method tutorials for online accounting information system courses distance learning.

Study bachelors and masters in accounting degree MCQs: first step in constant gross margin percentage, net realizable value (nrv) method is to allocate joint, to compute, for online courses with choices gross margin percentage, total production cost of each product, allocated joint costs, and cost of split off point for online competitive test preparation for job hiring, graduate jobs and research jobs preparation. Free skills assessment test is for online learn constant gross margin percentage nrv method quiz questions with MCQs, exam preparation questions and answers for online GMAT test for GMAT exam preparation. Constant Gross Margin Percentage NRV Method Video

## MCQs on Constant Gross Margin Percentage NRV MethodQuiz PDF Download

MCQ: First step in constant gross margin percentage, Net realizable value (NRV) method is to allocate joint, to compute

- Gross margin percentage
- total production cost of each product
- allocated joint costs
- cost of split off point

A

MCQ: Joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as

- sales value at split off method
- joint products value at split off method
- constant gross margin percentage NRV method
- Gross realizable value method

C

MCQ: Second step, in constant gross margin percentage Net Realizable Value (NRV) method, to allocate joint cost is to compute

- allocated joint costs
- cost of split off point
- Gross margin percentage
- total production cost of each product

D

MCQ: Gross margin is subtracted from sales value of all production to yield

- labor cost incurred on product
- production cost incurred on product
- marketing cost incurred on product
- all of above

B

MCQ: Percentage of overall gross margin is multiplied to final sales value of products total production is used to calculate

- Gross margin in terms of amount of money
- Gross margin in terms of separable costs
- Gross margin in terms of total cost
- Gross margin in terms of labor cost

A