1.

Joint costs occur after the split-off point in a production process

ANS: F DIF: Easy OBJ: 11-1

2. Joint costs occur before the split-off point in a production process

ANS: T DIF: Easy OBJ: 11-1

3. Joint costs are allocated to by-products as well as primary products.

ANS: F DIF: Easy OBJ: 11-1

4. The primary distinction between by-products and scrap is the difference in sales value.

ANS: T DIF: Easy OBJ: 11-1

5. The primary distinction between by-products and scrap is the difference in volume produced.

ANS: F DIF: Easy OBJ: 11-1