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Joint product costs - PowerPoint PPT Presentation

Cost Allocation: Joint Products and Byproducts

Cost Allocation: Joint Products and Byproducts. Chapter 16. Learning Objective 1. Identify the splitoff point(s) in a joint-cost situation. Joint-Cost Basics. Joint costs. Joint products. Byproduct. Splitoff point. Separable costs. Joint-Cost Basics. Raw milk. Cream. Liquid. Skim.

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1.75k views • 54 slides

Cost Allocation: Service Department Costs and Joint Product Costs

Chapter Twelve. Cost Allocation: Service Department Costs and Joint Product Costs. Learning Objectives. Identify the strategic role of cost allocation Explain the ethical issues of cost allocation Use three methods for allocating service department costs to production departments

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1.85k views • 31 slides

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Joint product costs - PowerPoint PPT Presentation

Cost Allocation: Joint Products and Byproducts

Cost Allocation: Service Department Costs and Joint Product Costs