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Which the joint costs should be assigned in a manner that

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Problem 1: When allocating joint process cost based on tons of output, all products will

a. be salable at split-off.

b. have the same joint cost per ton.

c. have a sales value greater than their costs.

d. have no disposal costs at the split-off point.

Problem 2: If two or more products share a common process before they are separated, the joint costs should be assigned in a manner that

a. assigns a proportionate amount of the total cost to each product on a quantitative basis.

b. maximizes total earnings.

c. minimizes variations in unit production costs.

d. does not introduce an element of estimation into the process of accumulating costs for each product.

Reference no: EM132987378

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