Use the following information for the next 2 questions.
A joint input costing $500 results in four distinct products at the point of split-off. Relevant data follows:
-Items produced from a joint process with a small sales value or a negative value are called
A) Separate products
B) By-products
C) Waste
D) Garbage

Question

Use the following information for the next 2 questions.
A joint input costing $500 results in four distinct products at the point of split-off. Relevant data follows: 
-Items produced from a joint process with a small sales value or a negative value are called
A) Separate products 
B) By-products 
C) Waste 
D) Garbage

Quizplus · Accepted Answer

By-products are items produced from a joint process with a small sales value or a negative value.

Use the Following Information for the Next 2 Questions