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How should joint costs used in managerial decisions making

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Question - Bethany Lutrell's uncle has asked her to take over the family poultry processing plan. Provide Lutrell, who graduated in engineering, answers to the following issues:

1. What are the important questions to be answered about joint processes in a poultry processing plant? Also indicate the points in a joint process at which these questions should be answered.

2. How should joint costs be used in managerial decisions making? When and why might a joint cost be used inappropriately in decision making?

3. How are joint process outputs similar and dissimilar?

Reference no: EM131894774

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