What are the example of joint products?

Joint products are two or more products manufactured simultaneously through the same process. The common manufacturing costs are called joint costs. Each product has a significant market value....

Elbow, a hinge joint.

This is a product that has the highest sales value from amongst a group of products that are the result of a joint production process.

For example, if you make a strawberry cake, the by-products can be:-leaf of a strawberry-wrappers-leftover strawberries

A by-product is a supplementary or secondary product (arising as the result of a process) whose value is a small relative to that of the principal product. In the timber industry, for example,...