Allocating Joint Cost

Understanding Current Costs: Professor Medinets
Lecture #10
Chapter #11 Part A - Allocating joint costs

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Time Stamps:

0:35 Joint Cost, joint products, split off point  
1:28 Physical output method
4:23 Sales value at the split-off method
7:10 Net Realizable Value (NVR)
14:47 Sell or Process Further Decision
19:55 Accounting by Products

For extra practice attached is a Handout by the professor

https://drive.google.com/open?id=0B6O...

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