Examlex
What is the name of CoS?
Joint Products
Products that are produced together from the same process or raw materials but are sold as separate items.
Joint Cost Allocation
The process of assigning the costs of a production process that yields multiple products to those products in a rational and consistent manner.
Split-Off
A point in the manufacturing process where multiple products are generated from a single process or input.
Separable Processing Costs
Costs that are incurred after the split-off point where multiple products are generated from a common process and can be directly attributable to each product.
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