Is it possible to use USB output and audio port output at the same time?

Solution 1:

The short answer is YES.

What you are asking is called "aggregating your device." This is done through MIDI Audio Setup found in Applications -> Utilities

In the image below, MIDI Audio Devices is opened up. I have highlighed the two output audio devices I want to aggregate; notice both of them are outputs (0 in/ 2 out).

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When you click the "+", select "Create Aggregate Device"

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When you create your device, just select the devices from the right you want to aggregate into one. In my example, I have selected the Built in Audio and my USB Codec from the previous example.

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Close MIDI Audio Setup. When you open Sound Preferences, you will see the new output device. Select your new aggregated device to have sound output on all devices.

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