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jerico jerico
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9 years ago
Which of the following statements is true of joint production process and its components?
A) Distribution costs incurred beyond the splitoff point assignable to each of the specific products identified at the splitoff point are considered as joint costs.
B) Decisions relating to the sale or further processing of each identifiable product can be made independently of decisions about the other products beyond the splitoff point.
C) When a joint production process yields two or more products with low total sales values relative to the total sales values of other products, those products are called joint products.
D) The primary purpose of joint costing is to allocate the separable costs to the individual products that are eventually sold.
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Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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#2
9 years ago
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.
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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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