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That cost which arises from the common processing of products produced from the same process.
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∙ 11y ago
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What are examples of joint products?
Joint products are two or more products manufactured simultaneously through the same process. The common manufacturing costs are called joint costs. Each product has a significant market value. Example - Gasoline and Kerosene are joint products of crude oil refining
Which if these is true about a joint stock company?
Investors share in benefits and costs (apex) .. (: . you cheater ;p
What is the difference between joint and common costs?
DIFFERENCE BETWEEN JOINT COSTS AND COMMON COSTSJoint costs are costs incurred in a production process, involving more than one product, up to the point when the products can be separated or distinguished as separate products. Common costs are costs incurred, the benefit of which is enjoyed by more than one cost centre (i.e. unit ) within an organisation. Answers by VICTOR DURODOLA , Nigeria
How much does it cost to fix a corroded ball point on a vauxhall corsa?
ball joint costs about £8.00
Where can I compare costs for joint life insurance?
Some great online website resources to compare costs for joint life insurance are met life, select quote, and accuquotelife. It is also a great idea to call these places to get an exact quote instead of just searching online.
Why were North American settlements often founded by joint companies?
It took many people to share the high costs.
Why were north American settlements often founded by joint stock?
It took many people to share the high costs.
Why were the North American settlements often founded by joint stock companies?
It took many people to share the high costs.
Why were North American settlements often founded by joint stock companies?
It took many people to share the high costs.
What is the major problem in cost accounting?
The major problem in cost accounting is allocation of common and joint costs to individual products.
Differentiate joint product and by-product?
Joint products are two or more products manufactured simultaneously through the same process. The common manufacturing costs are called joint costs. Each product has a significant market value. Example - Gasoline and Kerosene are joint products of crude oil refining. On the other hand, a by-product has significantly lower sales value compared to the firm's main manufactured product. Therefore, it does not affect the decision to produce. Example - saw dust from lumber mills, bone from meat packing etc.
How did the joint-stock companies help merchants overcome the high costs of overseas trade?
The joint-stock benefited from foreign trades in many ways. Commerce is what made most of the money for people it came from monopoly fees, customs or goods.
