Match the following numbered terms on the left with the appropriate lettered definition on the right. 1.

Match the following numbered terms on the left with the appropriate lettered definition on the right.

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1. By-product 2. Joint cost 3. Joint product 4. Main product 5. Net realizable value 6. Separable costs 7. Split-off point a. Joint product that has relatively high sales value b. Point at which joint products can be separately identified c. Additional processing costs d. Multiple products produced from a single manufacturing process e. Estimated sales value less expected costs of completion f. Product with small sales value g. A cost that will not change regardless of further processing