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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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Posts: 4603
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9 years ago
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.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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cyborgcyborg
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#1
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9 years ago
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jerico Author
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#2
9 years ago
I can confidently say that it looks and sounds right lol Thank you Slight Smile Give this man a thumbs up.
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#3
9 years ago
I'm happy to help you, how luck with the others, I noticed you've posted a lot of questions.
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