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Author Question: Which of the following statements is true of joint costing? (Read 48 times)

moongchi

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Which of the following statements is true of joint costing?
◦ The costs of a production process that yields multiple products simultaneously are called joint costs.
◦ Distribution costs incurred beyond the split-off point that are assignable to each of the specific products identified at the split-off point are considered as joint costs.
◦ The primary purpose of joint costing is to allocate the separable costs to the individual products that are eventually sold.
◦ Joint costing is less useful for companies which manufacture multiple products simultaneously from the same production process.


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Marked as best answer by moongchi on Mar 6, 2021

orangecrush

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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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moongchi

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


triiciiaa

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Reply 3 on: Yesterday
Excellent

 

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