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Cost Acct Chapter 16 100% SOLUTIONS
Cost Acct Chapter 16 
100% SOLUTIONS 
What type of cost is the result of an event that results in more than one product or 
service 
simultaneously? 
A) byproduct cost 
B) joint cost 
C) main cost 
D) separable cost - ANSWER B 
All costs incurred beyond the splitoff point that are assignable to one or more individual 
products are called: 
A) byproduct costs 
B) joint costs 
C) main costs 
D) separable costs - ANSWER D 
In joint costing: 
A) costs are assigned to individual products ...
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Cost Acct Chapter 16 
100% SOLUTIONS 
What type of cost is the result of an event that results in more than one product or 
service 
simultaneously? 
A) byproduct cost 
B) joint cost 
C) main cost 
D) separable cost - ANSWER B 
All costs incurred beyond the splitoff point that are assignable to one or more individual 
products are called: 
A) byproduct costs 
B) joint costs 
C) main costs 
D) separable costs - ANSWER D 
In joint costing: 
A) costs are assigned to individual products ...