[Solved] What part of the world has become a major source of both pornography and prostitution as a result of globalization? A)the Caribbean B)Eastern Europe C)Sub-Saharan Africa D)North America E)South Asia Joint Cost: The costs incurred in the process of producing two or more products simultaneously, where such costs cannot be separately identified with individual products. By-Products: Secondary products that are generated alongside the main product during the manufacturing process. Net Realisable Value: The estimated selling price of goods minus the costs of their completion and sale. Physical Units Method: A costing method used to allocate costs in processes where goods are indistinguishable and it counts units as they are produced.