Vidyalelo
Commerce · Q701

Costing

Graduate and Post Graduate · Commerce · question 701

Q701

In a joint process of production, product which yields low volume of sales as compared to total sales of other products is known as

A.
Second incremental product
B.
First incremental product
C.
step down product
D.
by-product
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
In a joint process of production, product which yields low volume of sales as compared to total sales of other products is known as by-product.