Bowel and bladder storage require autonomic reflexes to coordinate involuntary smooth muscle…

480 Chapter 11 Allocation of Joint Costs and Accounting for By-Product/Scrap Th e fourth decision is

                   480 Chapter 11 Allocation of Joint Costs and Accounting for By-Product/Scrap Th e fourth decision is the most complex. Management must decide whether to sell (any or all of ) the joint output at split-off or to process it further. If joint products are salable at split-off , further processing should be undertaken only if the value added to the product, as refl ected by the incremental revenue, exceeds the incremental cost.3 If a primary product is not salable at split-off , additional

View complete question »                   480 Chapter 11 Allocation of Joint Costs and Accounting for By-Product/Scrap Th e fourth decision is the most complex. Management must decide whether to sell (any or all of ) the joint output at split-off or to process it further. If joint products are salable at split-off , further processing should be undertaken only if the value added to the product, as refl ected by the incremental revenue, exceeds the incremental cost.3 If a primary product is not salable at split-off , additional costs must be incurred to make that product salable. For other output, management must also estimate whether the 3 See Chapter 10 for a detailed

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