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Unformatted text preview: State the preferred method and the benefits of using this method. 6. Explain why joint costs are irrelevant in deciding whether to sell products at the split-off point or process further. (Recall the relevant cost decision as to whether to sell at split-off or process further). 7. Describe the method of accounting for by-products. Demonstration and Assignment Material: handout with supplementary questions. RF 06/04...
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- Winter '12