When two different products share the same price it takes to manufacture one product.
Related information about joint cost:
- Joint cost - Wikipedia, the free encyclopedia
Joint cost is the collection of the common operation costs incurred before a point called, split-off point, where joint products are identified as individual products.
- What is joint cost? definition and meaning
Definition of joint cost: Expense which simultaneously benefits two or more products or department, and where it may not be possible to separate the contribution ...
- Joint Cost vs. Common Costs | Chron.com
Businesses that produce more than one product must understand accounting concepts such as joint and common costing. These theories demonstrate the ...
- Joint Cost Allocation
Joint Cost Allocation. A. Characteristics--a common manufacturing process simultaneously produces two. or more products from a common input. 1.
- 161 CHAPTER 16 COST ALLOCATION: JOINT PRODUCTS AND ...
162 A joint cost is a cost of a production process that yields multiple products .... lowers the joint cost by the amount of byproduct net realizable values and results ...
- Cost Allocation: Joint Products and By-Products
Joint-Cost Basics. Joint products ... Joint Cost. 100 ÷ 645 31,008. 315 ÷ 645 97,674. 230 ÷ 645 71,318. 200,000 ... How much of the joint cost is allocated ...
- Joint Costs: Definition from Answers.com
How much does a Lego universal joint cost? Read answer... How much do slip joint pliers cost? Read answer... How much does joint replacement surgery cost?
- Joint Costs - wikiCFO
Oct 23, 2009 ... Joint Cost Definition In accounting, a joint cost is a cost incurred in a joint process . Joint costs may include direct material, direct labor, and ...