problem of cost calculation Cost Allocation Мethods for Joint Products and By-products

  • Stoyan Deevski
  • Published 2016
The purpose of this paper is to look into the problems of costing of joint products and byproducts in industrial organizations. The paper starts with an introduction to the problem of allocating joint costs (common costs up to the split-off stage) to products. The author defines the basic terms of joint products, by-products, common and joint costs and… CONTINUE READING