1: Allocating Joint Costs
Describe the three methods used to allocate joint costs. What are the advantages/disadvantages of each allocation method? Which method would you recommend? Why? Support your position with evidence from the text or external sources. Your initial post must be 200-250 words.
2: Variable/Absorption Costing
There are arguments (for and against) variable costing and absorption costing. Select one of these costing methods and explore the various arguments. Determine whether you are "for" or "against" this selected method. Provide evidence from the text to support your position. Your initial post must be 200-250 words.