新用户扫码下载
扫码下载APP
及时接收最新考试资讯及
备考信息
美国CPA模拟试题：Business（1）
For purposes of allocating joint costs to joint products, the sales price at point of sale, reduced by cost to complete after split-off, is assumed to be equal to the:
a. Net sales value at split-off.
b. Total costs.
c. Sales price less a normal profit margin at point of sale.
d. Joint costs.
答案：A
Explanation
Choice "a" is correct. Sales price less the cost to complete is defined as the net sales value at split-off. In other words, this is the additional contribution to income generated by completing the product.
Choice "d" is incorrect. Sales price at point of sale reduced by cost to complete is the additional contribution to income generated by completing the product. It is not equal to joint costs. (If it were, this would be a zero profit situation.)
Choice "b" is incorrect. Sales price at point of sale reduced by cost to complete is the additional contribution to income generated by completing the product. It is not equal to total costs.
Choice "c" is incorrect. Selling price less a normal profit margin is generally a cost figure. It is not equal to sales price less the cost to complete, which is the additional contribution to income generated by completing the product. (If it were, this would be a zero profit situation.)
【我要纠错】 责任编辑：蓝色天空
新用户扫码下载
京公网安备 11010802044457号