SERIES: APPLIED BUSINESS PROCESS ENGINEERING (Part 8) COSTING MODELS APPLIED TO SET IN MANUFACTURING

In the industry every time more is generalized the manufacture of varied products of simultaneous way with similar values, denominated joint products from the same raw material and/or process of manufacture, giving rise to the joint cost. Then the Engineer of Processes faces the necessity to calcula...

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Bibliographic Details
Authors: Porlles Loarte, José Angel, Erazo Erazo, Raymundo
Format: article
Status:Published version
Publication Date:2007
Country:Perú
Institution:Universidad Nacional Mayor de San Marcos
Repository:Revistas - Universidad Nacional Mayor de San Marcos
Language:Spanish
OAI Identifier:oai:revistasinvestigacion.unmsm.edu.pe:article/4280
Online Access:https://revistasinvestigacion.unmsm.edu.pe/index.php/quim/article/view/4280
Access Level:Open access
Keyword:Joint products
Joint costs
Separation point
By- products.
Productos conjuntos
Costos conjuntos
Punto de separación
Subproductos.
Description
Summary:In the industry every time more is generalized the manufacture of varied products of simultaneous way with similar values, denominated joint products from the same raw material and/or process of manufacture, giving rise to the joint cost. Then the Engineer of Processes faces the necessity to calculate the costs of these individual products, task that often is a cornplex subject since the joint costs are not specifically identifiable with some of the products that are making in simultaneous form. The intention of this eighth part is to provide the excellent models, methodology and criteria of how it must assign the joint costs to each joint product.