2011年ACCA考试《F5业绩管理》讲义（57）
3.3 Joint product further processing decisions Joint product costing was met in paper F2. Key aspects of such systems are as follows:§ Joint products arise where the manufacture of one product makes inevitable the manufacture of other products.
§ The specific point at which individual products become identifiable is known as the split-off point.
§ Costs incurred before the split-off point (joint or pre-separation costs) must be shared between joint products produced (e.g. for inventory valuation purposes).
§ After separation products may be sold immediately or may be processed further. Any post-separation costs (further processing costs) are allocated directly to the product on which they are incurred.
When deciding whether to process a product further or to sell after split-off only future incremental cash flows should be considered:
§ Any difference in revenue.
§ Any extra costs – both further processing costs and any differences in selling costs.
§ Note: pre-separation costs are sunk at this stage and thus not relevant to the decision.
Illustration 6 – Applying relevant costing principles转自:考试网 -
A joint product can be further processed at a cost of
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