A main product is a joint output that generates a significant portion of the net realizable value (NRV) within a joint production process. The classification of a product resulting from a joint production process as either a main product or a by-product has relevance in the context of cost management because costs are only allocated to main products, not to by-products.[1]
Referencesedit
^Wouters, Mark; Selto, Frank H.; Hilton, Ronald W.; Maher, Michael W. (2012): Cost Management: Strategies for Business Decisions, International Edition, McGraw-Hill, p. 538.
April 29, 2024
main, product, main, product, joint, output, that, generates, significant, portion, realizable, value, within, joint, production, process, classification, product, resulting, from, joint, production, process, either, main, product, product, relevance, context,. A main product is a joint output that generates a significant portion of the net realizable value NRV within a joint production process The classification of a product resulting from a joint production process as either a main product or a by product has relevance in the context of cost management because costs are only allocated to main products not to by products 1 References edit Wouters Mark Selto Frank H Hilton Ronald W Maher Michael W 2012 Cost Management Strategies for Business Decisions International Edition McGraw Hill p 538 Retrieved from https en wikipedia org w index php title Main product amp oldid 1160381866, wikipedia, wiki, book, books, library,
