Joint cost

Joint cost

I am little bit confused about treatment of joint cost in cost accountancy, what is treatment of joint cost in process costing system.If a product passes through three different process and joint expenses exist then what is treatment of it. ie in process account..

regards

student 

Replies (1)

Dear Student,

Refer Flwg Link :

https://classes.bus.oregonstate.edu/spring-07/ba422/Management%20Accounting%20Chapter%2018.htm

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