The effects of the consumers’ environmental awareness on the manufacturer’s encouragement

Olha Ilyash Liubov Smoliar Anil Akat

Анотація

When it comes to manufacturing, a by-product refers to the outcome of a typical manufacturing process that has a lower net realizable value (NRV) and/or a smaller volume than the primary product. As these by-products are not expected to have any effect on financial reports, they are not allocated common costs. Conventionally, they are not listed, but their NRV is typically recorded as either “other revenue” or a reduction in processing costs that are co-produced during their production. By-products are essentially secondary to the primary product or service that is being produced, resulting from chemical reactions, production processes, or manufacturing processes.