Which of the following components of production are allocable as joint costs when a single manufacturing process produces several salable products?
A)direct material,direct labor,and overhead
B)direct material and direct labor only
C)direct labor and overhead only
D)overhead and direct material only

Question

Quizplus · Accepted Answer

Joint costs in a manufacturing process that produces several salable products include all costs incurred up to the split-off point. This includes direct materials, direct labor, and overhead, as these costs cannot be easily attributed to any one product until that point.

Which of the Following Components of Production Are Allocable as Joint