organizations. Some costs incurred in service businesses and in not-for-profi t organizations are…

                   organizations. Some costs incurred in service businesses and in not-for-profi t organizations are considered joint costs in that it may be necessary to allocate those costs among product lines, organizational locations, or types of organizational activities. 8 Conceptually, the treatment of the profitability of by-product/scrap in a job order system is similar to the treatment of the costs of spoilage in a job order system, as discussed in Chapter 5. Chapter 11 Allocation of Joint Costs and Accounting for By-Product/Scrap 493 Joint Costs in Service Businesses and Not-for-Profi t Organizations Joint costs in service

Don't use plagiarized sources. Get Your Custom Essay on
organizations. Some costs incurred in service businesses and in not-for-profi t organizations are…
For as low as $7/Page
Order Essay