If we account for a product as a by-product,we allocate ________ costs to it.
A)joint costs
B)separable costs
C)avoidable costs
D)separable and joint costs

Name: If we account for a product as a by-product,we allocate ________ costs to it. A)joint costs B)separable costs C)avoidable costs D)separable and joint costs
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Question

Quizplus · Accepted Answer

By-products are typically allocated only separable costs, which are the costs incurred after the split-off point, as they are not the main focus of production.

If We Account for a Product as a By-Product,we Allocate