Joint costs are relevant in decisions about whether to process a product beyond the split off point
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Q85: The sales value at split off point
Q86: The gross margin is calculated by subtracting
Q87: Separable costs are the costs incurred after
Q88: Physical output method is a way to
Q89: Over time, by-products may become main products
Q91: By-products exist because the entity is producing
Q92: Joint costs are not allocated to individual
Q93: The physical output method for allocating joint
Q94: The constant gross margin NRV method best
Q95: Joint costs are excluded from inventory and
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