EXERCISES that 10. LO.1 (Research; writing) Use the Internet to find five examples of busines have joint processes. a. For each business, describe the various outputs from the processes; using lowic determine whether cach output would be classified as a joint product, a by-product. scrap, or waste. b. Recommend the most appropriate methods of allocating joint cost to the outputs you described in (a); express, in nontechnical terms, your justification for cach of your recommendations c. For one of the businesses, diagram the flow of costs