joint product cost
Definition
Costs of two or more products that come from the same manufacturing process that have no way to distinguish the cost of producing each good. Costs are then divided up based on the selling price of each individual product.
Related Articles
- "Buy Strangle" Option Investment Strategy *
- Introduction to Taxes and Basic Information *
- Categories of Stocks *
- Basics of The Value Investing Stock Strategy *
- Financing Your Small Business - Writing a Business Plan *
- Rearranging a Portfolio with ETFs *
- Tax Issues Related to Your Business *
- S&P 500, Wilshire 5000 and Other Indexes *
Related Videos
http://www.businessdictionary.com/definition/joint-product-cost.html
