Joint costs are all of the:
A) Variable costs incurred to produce joint products
B) Fixed costs incurred to produce joint products
C) Costs incurred to produce joint products
D) Incremental costs incurred to produce joint products

Question

Quizplus · Accepted Answer

Joint costs are all costs incurred to produce joint products, including both fixed and variable costs. Incremental costs may also be incurred, but they would only be a portion of the total joint costs.

Joint Costs Are All of The