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Other Fields Homework Help Accounting Topic started by: jerico on Mar 14, 2015



Title: Which of the following statements is true of joint costing?
Post by: jerico on Mar 14, 2015
Which of the following statements is true of joint costing?
A) The costs of a production process that yields multiple products simultaneously are called joint costs.
B) Distribution costs incurred beyond the splitoff point that are assignable to each of the specific products identified at the splitoff point are considered as joint costs.
C) The primary purpose of joint costing is to allocate the separable costs to the individual products that are eventually sold.
D) Joint costing is less useful for companies which manufacture multiple products simultaneously from the same production process.


Title: Re: Which of the following statements is true of joint costing?
Post by: cyborg on Mar 16, 2015
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Title: Re: Which of the following statements is true of joint costing?
Post by: jerico on Mar 23, 2015
I can confidently say that it looks and sounds right lol Thank you :) Give this man a thumbs up.


Title: Re: Which of the following statements is true of joint costing?
Post by: cyborg on Mar 23, 2015
I'm happy to help you, how luck with the others, I noticed you've posted a lot of questions.