Abstract
In this chapter we extend our study of the product costing art to joint costs and cost allocation. Joint costs arise when an organization produces multiple products and its cost function is not fully separable. Some costs, then, “jointly” produce the products. Cost allocation is the phrase used to describe the procedures by which product costs are constructed in the face of joint costs.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 1997 Kluwer Academic Publishers
About this chapter
Cite this chapter
Demski, J.S. (1997). Joint Costs and Cost Allocation. In: Managerial Uses of Accounting Information. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-3641-9_8
Download citation
DOI: https://doi.org/10.1007/978-1-4613-3641-9_8
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-7923-9847-9
Online ISBN: 978-1-4613-3641-9
eBook Packages: Springer Book Archive