Joint Product Cost Analysis
Joint cost is related to common operation costs which are incurred before a point called, split-off point, where joint products are recognized as individual products. It can also be well-defined as the cost to operate joint-product processes including the disposal of waste.
Joint Product Cost Analysis for Managerial Decisions and Profitability Analysis: Learning Objectives: What is the importance of joint product cost analysis for management. The Securities and Exchange Commission requires that annual reports to stock holders include data by lines of business. Likewise, the Federal