Examlex
The purpose of requirements structuring is to:
Physical Units Method
An approach in accounting used to allocate joint costs based on the proportional physical quantities of the output produced at a split-off point.
Split-Off Point
The stage in a manufacturing process where different products become individually identifiable and their own production paths diverge.
Physical Units Method
An approach to calculating production costs that divides total costs by the number of units produced.
Joint Costs
Expenses that are incurred in the production of two or more products at the same time and cannot be easily separated.
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