Understanding Current Costs: Professor Medinets
Lecture #10
Chapter #11 Part A - Allocating joint costs
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Time Stamps:
0:35 Joint Cost, joint products, split off point
1:28 Physical output method
4:23 Sales value at the split-off method
7:10 Net Realizable Value (NVR)
14:47 Sell or Process Further Decision
19:55 Accounting by Products
For extra practice attached is a Handout by the professor
https://drive.google.com/open?id=0B6OlFk4nrWIFU25kR3pWWW5iZjQ
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