The joint cost allocation method that recognises the revenues at split-off but does not consider any further processing costs is the:

A) relative sales value method.
B) net realisable value method.
C) joint cost allocation method.
D) constant gross margin method.

Recognises Revenues

The process of recording income in the financial statements when it is earned, according to the criteria set out in accounting standards.

Joint Cost Allocation

The process of distributing the costs of production that are incurred in producing multiple products at the same point of the process across those products.