Outputs with zero sales value are accounted for by O ·listing these various outputs in a footnote to the financial statements. • including the items as a relatively small portion of the value assigned to the products produced during the accounting period. O • making journal entries to reflect an estimate of possible values. .pone of the above

Outputs with zero sales value are accounted for by O ·listing these various outputs in a footnote to the financial statements. • including the items as a relatively small portion of the value assigned to the products produced during the accounting period. O • making journal entries to reflect an estimate of possible values. .pone of the above

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter6: Process Cost Accounting—additional Procedures; Accounting For Joint Products And By-products

Section: Chapter Questions

Problem 17Q

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