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TOPIC 3 - COST ALLOCATION: JOINT PRODUCT AND BYPRODUCT 1 7 - 3 Distinguish between a joint product and a byproduct. 1 7 - 8

TOPIC 3- COST ALLOCATION: JOINT PRODUCT AND BYPRODUCT
17-3 Distinguish between a joint product and a byproduct.
17-8 Distinguish between the sales value at splitoff method and the NRV method.
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Cost Accounting

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