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Distinguish between the sales value at splitoff method and the NRV method during the accounting...

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Accounting

Distinguish between the sales value at splitoff method and the NRV method during the accounting period. The net realizable value method allocates joint costs using physical measures, such as the relative weight quantity, or volume at the splitoff point.
B. Both methods use physical measures, such as the relative weight, quantity, or volume at the splitoff point to allocate joint costs production and marketing) of the total production of the joint products during the accounting period. The sales value at splitoff method allocates joint costs using physical measures, such as the relative weight quantity, or volume at the splitoff point.
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