Answered

Welcome to Westonci.ca, where curiosity meets expertise. Ask any question and receive fast, accurate answers from our knowledgeable community. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Costs which are incurred to produce two or more products at the same time are called _____ costs:

Sagot :

dubeyshailja64

Costs that are incurred to produce two or more products at the same time are called Joint costs.

What is a product?

A product is referred to as finished goods assembled in the industry and distributed to intermediaries to serve in the market and make available to customers.

Joint costs are expenses incurred to produce two or more products together. It is used to determine the cost of operating joint-product operations, which includes collection and disposal.

It is calculated by dividing the sum of the costs incurred for all jointly produced goods prior to their separation by the total number of goods produced collectively.

Therefore, Joint cost is the answer.

Learn more about Joint cost, here:

https://brainly.com/question/14988439

#SPJ1

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.