Byproducts

Byproducts is products from a joint production process that have low total sales values compared with the total sales value of the main product or of joint products.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Byproducts. Products from a joint production process that have low total sales values compared with the total sales value of the main product or of joint products.