Vidyalelo
Commerce · Q716

Costing

Graduate and Post Graduate · Commerce · question 716

Q716

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

A.
step down point
B.
incremental point
C.
split off point
Answer
D.
inseparability point

Answer: Option C

Solution

Answer: Option C
Solution:
Point in joint production process, in which two or more products are separately identifiable is termed as split off point. A split-off point is the location in a production process where jointly manufactured products are henceforth manufactured separately; thus, their costs can be identified individually after the split-off point.