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_____ metering records the difference between the excess solar electricity delivered to the grid and the utility-produced electricity drawn from the grid.
Split-Off Point
The split-off point is the stage in a manufacturing process where joint products can be recognized as separate products, each with its own identity.
Joint Products
Joint products refer to two or more products that are generated from a common set of inputs or production processes, where no single product can be identified as the main product until a certain point in the production process.
Fixed Cost
A cost that remains constant, in total, regardless of changes in the level of activity within the relevant range. If a fixed cost is expressed on a per unit basis, it varies inversely with the level of activity.
Special Order
A one-time customer order, often at a negotiated price, that is outside the company's standard range of products or services.
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