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Author Question: Which of the following statements is true of joint production process and its components? (Read 34 times)

jCorn1234

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Which of the following statements is true of joint production process and its components?
◦ Distribution costs incurred beyond the split-off point assignable to each of the specific products identified at the split-off point are considered as joint costs.
◦ Decisions relating to the sale or further processing of each identifiable product can be made independently of decisions about the other products beyond the split-off point.
◦ 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.
◦ The primary purpose of joint costing is to allocate the separable costs to the individual products that are eventually sold.


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Marked as best answer by jCorn1234 on Mar 6, 2021

GCabra

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jCorn1234

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


raili21

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Reply 3 on: Yesterday
Excellent

 

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