■■■■■ products,
Definition of ■■■■■ products:
Two or more outputs generated simultaneously, by a single manufacturing process using common input, and being substantially equal in value. ■■■■■ products (such as butter, cheese, and cream from milk, and fuel oil, gasoline, and kerosene from crude oil) are separately unidentifiable, and incur undifferentiated ■■■■■ costs, until they reach the split-off point.
Meaning of ■■■■■ products & ■■■■■ products Definition