The stage where joint products are separated from each other is known as--------

Related MCQs

• ----------- are those products which are manufactured in different varieties by the same industry.
• The firm’s direct-labour rate variance was 4,800 unfavourable. Actual labour was 24,000 direct-labour hours, at a cost of 1,68,000, for 25,000 units of finished product that require 1 hour of direct labour each, at standard. What is the standard rate per direct-labour hour?
• In August actual material used amounted to 5,650 kg, budgeted output was 1,000 units and standard material usage was 5 kg per unit. Actual output was 1,075 units. If the standard material cost of each product is 25 the material efficiency variance will be:
• ------------ is also known as ‘Transaction Costing’.
• ---------- cost is also known as hypothetical or notional cost.