dq 1 Why must costs be allocated? Explain why overhead costs, support department costs, or joint…

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dq 1
Why must costs be allocated? Explain why overhead costs, support department costs, or joint costs must be allocated to products, and give an example of a company that might allocate those costs.
dq 2

What is the split-off point? How would you approach a decision to sell joint products at the split-off point, or process those products further?

 

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