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Discuss the allocation of costs, including the accounting for joint products and byproducts

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Discuss the allocation of costs, including the accounting for joint products and byproducts.

Details: As a result of the orange juice manufacturing process, SSOG produces a large amount of orange peel waste. The operations manager would like to propose a use for the orange peel waste?an essence of orange room-deodorant spray. Discuss the advantages and disadvantages of by-product processing.

Please include references.