In process costing, a joint product is
(a) a product which is later divided into many parts
(b) a product which is produced simultaneously with other products and is of similar value to at least
one of the other products.
(c) A product which is produced simultaneously with other products but which is of a greater value
than any of the other products.
(a) a product which is later divided into many parts
(b) a product which is produced simultaneously with other products and is of similar value to at least
one of the other products.
(c) A product which is produced simultaneously with other products but which is of a greater value
than any of the other products.