Constant gross-margin percentage NRV method

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Constant gross-margin percentage NRV method is method that allocates joint costs to joint products in such a way that the overall gross-margin percentage is identical for the individual products.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Constant gross-margin percentage NRV method. Method that allocates joint costs to joint products in such a way that the overall gross-margin percentage is identical for the individual products.
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