What is the name of a cost of production process that yields multiple products simultaneously?
A) byproduct
B) joint
C) main
D) separable

Question

Quizplus · Accepted Answer

The cost of production process that yields multiple products simultaneously is called a Joint cost process. This occurs when two or more products are produced from a single raw material input, and the costs of production are shared between the products. Byproducts may also be produced in a joint cost process, but they are not the name of the process itself. Main and separable are not terms used to describe joint cost processes.

What Is the Name of a Cost of Production Process