The possible outputs of a joint process include joint productsoutput with a relative high sales value.

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The possible outputs of a joint process include

• joint products—output with a relative high sales value.

• by-products—output with a higher sales value than scrap but less than joint products.

• scrap—output with a low sales value.

• waste—residual output with no sales value. LO1.

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Cost Accounting Foundations And Evolutions

ISBN: 9780324235012

6th Edition

Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn

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Question Posted: Jun 27, 2024 02:18 AM

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The possible outputs of a joint process include joint productsoutput with a relative high sales value.

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Cost Accounting Foundations And Evolutions

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