The most important criterion for distinguishing between scrap, byproduct and joint product is…………of the products

Related MCQs

• If abnormal loss has any scrap value , it should be credited to
• Joint costs are allocated according to…………value of individual products under the market value method
• The product has generally…………over the relative quantities of byproducts and the main products
• ………….. product are produced incidental to the main product
• ……………. is the most important budget
• The most important budget having primary importance is called
• ………… is the point of production at which separate products are identified
• In marginal costing only…………is charged to products
• A method of costing which is used to ascertain the cost of products at each stage of it’s manufacture is called
• ………… is an important point to be determined in industries where batch costing is employed