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joint cost

When two different products share the same price it takes to manufacture one product.

Related information about joint cost:
  1. 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.
  2. 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 ...
  3. Joint Cost vs. Common Costs |
    Businesses that produce more than one product must understand accounting concepts such as joint and common costing. These theories demonstrate the ...
  4. Joint Cost Allocation
    Joint Cost Allocation. A. Characteristics--a common manufacturing process simultaneously produces two. or more products from a common input. 1.
    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 ...
  6. 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 ...
  7. Joint Costs: Definition from
    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?
  8. 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 ...