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Business, 18.03.2020 05:13 pamelakroll98

Fortified Fiber Corporation (FFC) has a manufacturing process that produces three products that together incur joint costs. FFC's managerial accountants have determined the appropriate split-off point. Which of the following statements regarding the new costs incurred in the FFC production process after the split-off point is true?
a. All new costs after the split-off point will be related to the joint process.
b. All new costs after the split-off point will be considered period costs and expensed immediately.
c. Any new costs after the split-off point will have to be allocated as joint costs.
d. Any new costs incurred in FFC's production process after the split-off point can be traced to one of the three final products.

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