单词 | by-product pricing |
释义 | by-product pricingby-product pricingthe PRICING of the various BY-PRODUCTS emerging from a common production process. The PRICE of each by-product should, if possible, cover its cost. However, the precise individual cost of each by-product is very difficult to determine given the common process costs involved. As a consequence by-products are often priced according to what the market will bear. See PROCESS COSTING. |
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