Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!


Accounting Assignment Help With Joint Products Cost

7.3 Joint Products Cost

Often in a production process joint product arises. Joint products are classified as main products when all of them are of significant value. Costs of a process up to the split off point are joint costs which are shared by the joint products. It is a decision problem how to allocate costs of joint products. Given below is a joint products situation:

Accounting Assignment Help Order Now joint products cost

Input 10,000


split off point

Thus split off point cost is $ 450,000. Split off point is that where the joint products result.

Generally three approaches are followed for apportionment of joint costs.

- on the basis of units

- on the basis of selling price

- on the basis of sales value

Often the intermediate products at the split off point need to be processed further to get a selling price. So cost apportionment remains a problem. Eventually, it becomes necessary to arrive at the selling price or sales value deducting separate process cost and normal profit thereof.

Email Based Assignment Help in Joint Products Cost

To Schedule a Accounting Joint Products Cost tutoring session Live chat

Following are some of the topics in Process Cost Analysis in which we provide help:

Accounting | Accounting Homework help | Help with Accounting | Management Accounting | Accounting Solutions | Cost Accounting | Online Tutoring | Financial Accounting | Email Based Accounting Homework Help

Assignment Help Features
Assignment Help Services
  • Assignment Help
  • Homework Help
  • Writing Help
  • Academic Writing Assistance
  • Editing Services
  • Plagiarism Checker Online
  • Proofreading
  • Research Writing Help
QR Code Assignment Help