Joint products

From CNM Wiki
Jump to: navigation, search

Joint products is two or more products that have high total sales values compared with the total sales values of other products yielded by a joint production process.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Joint products. Two or more products that have high total sales values compared with the total sales values of other products yielded by a joint production process.