Asked by
Evans Chidi
on Nov 17, 2024Verified
The outputs generated from the joint manufacturing process are called joint products.
Joint Products
Products that are generated together in a production process and cannot be produced independently of each other.
- Understand the importance of joint products and by-products, including the methods of cost allocation used for them.
Verified Answer
BL
Learning Objectives
- Understand the importance of joint products and by-products, including the methods of cost allocation used for them.