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Two or more products sold at a high price are called joint products. The costs of producing more than one product can be common or
Two or more products sold at a high price are called joint products. The costs of producing more than one product can be common or plus to complete each product. The determines what pool comprises the joint costs that must be allocated on a reasonable basis. The allocation methods are , and The task of the management team is to select the method ofjoint cost allocation that best represents what actually happened in the physical production process
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