Apportionment of Joint Costs (With Illustrations) | Cost Accounting

The following points highlight the top six methods used for apportionment of joint costs. The methods are: 1. Average Unit Cost Method 2. Physical Unit Method 3. Survey Method 4. Contribution Method 5. Standard Cost Method 6. Market Value Method. 1. Average Unit Cost Method: Under this method the total joint costs up-to the point of separation are assessed and [...]