In Joint Costing,which of the Following Changes May Lead to a Change

question 25

Multiple Choice

In joint costing,which of the following changes may lead to a change in product classification?

• A) main product sales price increases due to a new application
• B) byproduct sales price decreases due to a new government regulation
• C) main product becomes technologically obsolete
• D) byproduct loses its market due to a new invention

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Definitions:

Comparable-worth Policy

A concept aiming to equalize pay for different jobs considered of equal value or worth within an organization, addressing gender and other pay inequities.

Job Evaluations

The systematic process of determining the value and importance of a job in relation to other jobs within an organization.

Pay Structure

A system that outlines how employees are compensated, including wage scales, salaries, bonuses, and raises, based on their role, experience, and performance.

Equal Employment Opportunity Laws

Regulations designed to ensure that all individuals have an equal chance for employment, without discrimination on the basis of race, color, religion, sex, national origin, age, disability, or genetic information.