1. The point at which products are separated in a joint production process is th

Question

1. The point at which products are separated in a joint production process is the A. split-off point. B. joint product point. C. separation point. D. breakeven point. 2. Relevant costs in a sell or process-further decision include A. costs of additional processing. B. both additional revenues and additional costs. C. revenues after additional processing. D. joint product costs. 3. Products Uno, Dos, Tres, and Quatro have contribution margins of $2, $3, $4, and $5, respectively, and require 1.5, 2, 2.5, and 3 machine hours per unit, respectively. Assuming that all units produced could be sold and that total machine hours per month are limited, on which product should the company concentrate its efforts? A. Dos B. Quatro C. Uno D. Tres 4. Candidates for outsourcing would include A. custodial services. B. payroll processing. C. information management. D. all of these

Explanation / Answer

A. split-off point The point at which products are separated in a joint production process is the split-off point ----------------------------------------- B. both additional revenues and additional costs. ------------------------------------------------

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