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Determine total net income if all products are sold at split-off point. Determine total net income if all products are sold after processing. Using incremental analysis determine which products should be sold at split-off point and which should be processed further.

Determine total net income if all products are sold at split-off point. Determine total net income if all products are sold after processing. Using incremental analysis determine which products should be sold at split-off point and which should be processed further.

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 10CE: A company manufactures three products, L-Ten, Triol, and Pioze, from a joint process. Each...
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Determine total net income if all products are sold at split-off point.

Determine total net income if all products are sold after processing.

Using incremental analysis determine which products should be sold at split-off point and which should be processed further.

Part B Collie Company has a joint process that produces three products: R, D and A. Each product may be sold at split-off or processed further and then sold. Joint processing costs for a year amount to $300,000. Other relevant data are as follows: Product Sales Value Costs after Sales Value at Split-Off Split-Off at Completion $ $ $ R 120,000 260,000 420,000 80,000 140,000 190,000 A 150,000 190,000 350,000
Transcribed Image Text:Part B Collie Company has a joint process that produces three products: R, D and A. Each product may be sold at split-off or processed further and then sold. Joint processing costs for a year amount to $300,000. Other relevant data are as follows: Product Sales Value Costs after Sales Value at Split-Off Split-Off at Completion $ $ $ R 120,000 260,000 420,000 80,000 140,000 190,000 A 150,000 190,000 350,000
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