Question

Product costs incurred after the split-off point in a joint processing environment are called: Multiple Choice separable processing costs. joint product costs. non-relevant costs. scrap costs. spoilage costs.

Answer 1

Joint product costs.

Step-by-step explanation:

Product costs incurred before the split-off point in a joint processing environment are called Joint Product Costs. Joint costs are means the costs that are incurred for manufacturing two or more same products and these costs are devided in propotion to the selling price of the each products.

Non-relevant costs are those costs which change with each dicisions taken by the management and organisation.