Which of the Following Is Not an Acceptable Method for Accounting

question 18

Multiple Choice

Which of the following is not an acceptable method for accounting for by-products in a joint manufacturing process?

• A)Costs before the split-off point are allocated to by-products.
• B)The estimated sales value of the by-product reduces the cost of the main product.
• C)The value of by-products is included in an account called "By-products Inventory."
• D)In some instances,the revenue from selling by-products may be treated as "other income" on the income statement.

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An educational professional who provides guidance and support to students in areas of academic achievement, personal/social development, and career planning.

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