Which of the following statements is correct concerning separable costs? O Separable costs need to be allocated to joint products in order to calculate cost of goods sold. O Separable costs are incurred prior to the split-off point. Separable costs are used in the sales-value-at-split-off method. Separable costs are relevant to whether a product should be sold at the split-off point or processed further.

Which of the following statements is correct concerning separable costs? Separable costs need to be allocated to joint products in order to calculate cost of goods sold. Separable costs are incurred prior to the split-off point. Separable costs are used in the sales-value-at-split-off method. Separable costs are relevant to whether a product should be sold at the split-off point or processed further