The Amount of Joint Costs Incurred Before the Splitoff Point

question 23

Multiple Choice

The amount of joint costs incurred before the splitoff point are ________ in deciding whether to process further.

• A)relevant
• B)irrelevant
• C)not joint
• D)needed
• E)not the same whether the products are sold at the splitoff point or processed further.

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Definitions:

Microgram

A unit of mass in the metric system, equal to one-millionth of a gram.

Milliliters

A unit of volume in the metric system, equal to one thousandth of a liter or about 0.0338 fluid ounces.

Liter

A metric unit of volume equal to 1,000 milliliters or about 0.264 gallons.

Kilograms

A unit of mass in the metric system equal to 1,000 grams.