(Essay: Internet) Use the Internet to find five examples of businesses that have joint processes. For each business, describe:

a. The various outputs from the processes; using logic, determine whether each output would be classified as a joint product, by-product, scrap, or waste.

b. Your recommendation of the most appropriate methods of allocating joint cost to the outputs you described in part (a). Express, in nontech¬ nical terms, your justification for each of your recommendations.

C. For one of the businesses, diagram the flow of costs.

 LO1.