The point in joint production process, in which two or more products are separately identifiable is termed as Options: A . &nbspstep down point B . &nbspincremental point C . &nbspsplit off point D . &nbspinseparability point

The point in joint production process, in which two or more products are separat

Question

The point in joint production process, in which two or more products are separately identifiable is termed as

Options:

A . step down point

B . incremental point

C . split off point

D . inseparability point

Answer: Option C
Answer: (c).split off point

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Question 1. Joint cost allocation method for joint products, which is based on achievable value is known as....

Question 2. Any output that has total positive sales is a....

Question 3. The difference between actual result and corresponding amount of flexible budget, on the basis of actual level of output....the basis of actual level of output is classified as

Question 4. In corporate costs, the costs incur for employee recruitment, development and training are classified as....

Question 5. In customer cost hierarchy, the cost of activities related to specific channel of distribution is classified as....

Question 6. The difference between corresponding static budget and flexible budget amount is called....

Question 7. If the static budget amount is $6200 and the flexible budget amount is $4500, then the sales volume variance will be....

Question 8. The costs incurred in production process that yield range of products simultaneously are known as....

Question 9. The approaches used to allocate joint costs include....

Question 10. If the percentage of overall gross margin is 15 and the final sales value of whole production is $20000, then the gross ....is $20000, then the gross margin (in dollars) will be

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