Product costs incurred after the split-off point are called:

Name: Product costs incurred after the split-off point are called:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Separable processing costs are the costs incurred after the split-off point to further process individual products. Joint product costs are costs incurred up to the split-off point. By-product costs are costs incurred in the production of a secondary or incidental product. Scrap costs are costs incurred for rejected or unusable products or materials.

Product Costs Incurred After the Split-Off Point Are Called