Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Election of 1860
By-Product
A secondary product derived from the manufacturing process or chemical reaction that is incidental to the main product.
Joint Products
Products that are produced together from the same process or raw materials but are sold as separate items.
Joint Cost Allocation
The process of assigning the costs of a production process that yields multiple products to those products in a rational and consistent manner.
Split-Off
A point in the manufacturing process where multiple products are generated from a single process or input.
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