Economics · Cost Accounting
What is a by-product?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A product produced at the same time as other products which has equal value compared with the main products
- 2A product produced incidental to the main product which has a relatively low sale value compared with the main products✓
- 3A product produced at the same time as other products which requires further processing to put it in a saleable state
- 4A product produced at the same time as other products which has no value
Correct answer
A product produced incidental to the main product which has a relatively low sale value compared with the main products
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