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

A$.$ Both methods use market selling$-$price data in allocating joint costs, but they differ in which sales$-$price data they use. The sales value at

splitoff method allocates joint costs to joint products on the basis of the relative total sales value at the splitoff point of the total production of

these products during the accounting period. The net realizable value method allocates joint costs to joint products on the basis of the relative

net realizable value $($the final sales value minus the separable costs of production and marketing$)$ of the total production of the joint products

during the accounting period.

B$.$ Only the net realizable value method uses market selling$-$price data in allocating joint costs. The net realizable value method allocates joint

costs to joint products on the basis of the relative net realizable value $($the final sales value minus the separable costs of 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.

C$.$ Both methods use physical measures, such as the relative weight, quantity, or volume at the splitoff point to allocate joint costs.

D$.$ Only the sales value at splitoff method uses market selling$-$price data in allocating joint costs. The sales value at splitoff method allocates joint

costs to joint products on the basis of the relative total sales value at the splitoff point of the total production of these products 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.