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31 May, 20:04

A joint product is: a. any product produced by a company with more than one product line. b. one of several products produced from a common input. c. any product which consists of several parts. d. any product involved in a make or buy decision.

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  1. 31 May, 22:00
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    The correct answer is letter "B": one of several products produced from a common input.

    Explanation:

    Joint products are those manufactured by large companies whose production process is the same at an early stage for all the different products being produced, but at a certain stage, called the split-off, the products begin to have their own characteristics. Since the products initially come from the same input, the costs are allocated in a bundle. After the split-off, the cost of production shall be allocated to each type of product.
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