Which of the following statements best define split off point in joint costing? It is...

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Which of the following statements best define split off point in joint costing? It is the point at which managers decide to discontinue one or more of the products. It is the point at which the managers decide to outsource some of its production processes. It is the juncture in a joint production process when two or more products become separately identifiable. It is the juncture at which decisions determining joint costs of various products to be produced are taken

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