joint products

joint products
The output of a process in which there is more than one product and all the products have similar or equal economic importance.

Accounting dictionary. 2014.

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  • joint products — Goods of equal importance produced by a common *manufacturing process. Importance is often assessed in terms of sales *price. For example, leather and beef are considered to be joint products of the cattle industry. Compare *by product …   Auditor's dictionary

  • Joint Products — ⇡ Kuppelprodukte …   Lexikon der Economics

  • Joint product pricing — Pricing for joint products is a little more complex than pricing for a single product. To begin with there are two demand curves. The characteristics of each demand curve could be different. Demand for one product could be greater than for the… …   Wikipedia

  • joint costs — In process costing, the costs incurred prior to the separation point after which the joint products are treated individually. The joint costs are therefore common to the joint products; in order to determine individual product costs, the joint… …   Accounting dictionary

  • joint costs — Costs incurred in a *manufacturing process prior to a point at which differentiated products can be identified. Joint costs must normally be allocated to the *joint products of a common manufacturing process …   Auditor's dictionary

  • Joint venture broker — Joint venture brokers are people who connect business joint venture partners together for profit making projects. The joint venture brokers will earn a pre negotiated percentage of the profits earned from the joint venture that they helped put… …   Wikipedia

  • Joint Space Operations Center — (JSpOC) is a command and control (C2) weapon system focused on planning and executing US Strategic Command s Joint Functional Component Command for Space (JFCC SPACE) mission. The purpose of the JSpOC is to provide a focal point for the… …   Wikipedia

  • Joint Forest Management — often abbreviated as JFM is the official and popular term in India for partnerships in forest management involving both the state forest departments and local communities. The policies and objectives of Joint Forest Management are detailed in the …   Wikipedia

  • Joint Test Action Group — (JTAG) is the usual name used for the IEEE 1149.1 standard entitled Standard Test Access Port and Boundary Scan Architecture for test access ports used for testing printed circuit boards using boundary scan.JTAG was an industry group formed in… …   Wikipedia

  • Joint Ocean Commission Initiative — Type Commission Founded 2005 Key people William D. Ruckelshaus Norman Y. Mineta Area served United States …   Wikipedia

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