Which of the following factors would guide you in classifying a product as a main product or byproduct?
A) Number of units per processing period
B) Weight or volume of outputs per period
C) Percentage of total sales value
D) Joint costs incurred up to the split-off point

Question

Quizplus · Accepted Answer

The percentage of total sales value is the most appropriate factor for classifying a product as a main product or byproduct. A product will be classified as a main product if it generates a higher percentage of total sales value compared to other products, while a product will be considered a byproduct if it generates a lower percentage of total sales value.

Which of the Following Factors Would Guide You in Classifying