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2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following: B $ $ 203.000 40,000 1 Chapter 13: Applying Excel 2 3 Data 4 Exhibit 13-7 Santa Maria Wool Cooperative 5 Cost of wool 6 Cost of separation process 7 Sales value of intermediate products at split-off point 8 Undyed coarse wool 9 Undyed fine wool 10 Undyed superfino wool Costs of further processing (dyeing) intermediate products 11 12 Undyed coarse wool Undyed fine wool 13 Undyed superfine wool 14 Sales value of end products: 15 Dyed coarse wool 16 Dyed fine wool 17 Dyed superfine wool 18 $ $ $ 116,000 168,000 78,000 $ $ $ 50,000 60,000 10,000 $ $ S 162.000 211.000 99,000 If your formulas are correct, you should get the correct answers to the following questions. a. What is the overall profit if all intermediate products are processed into final products? Overall profit from processing all intermediate products b. What is the financial advantage (disadvantage) from further processing? from further processing undyed coarse wool from further processing undyed fine wool from further processing undyed superfine wool c-1. With these new costs and selling prices, what recommendations would you make concerning the company's operations? Sell as is or process further the intermediate product undyed course wool? Sell as is or process further the intermediate product undyed fino wool? Sell as is or process further the intermediate product undyed superfino wool? c-2. If your recommendation in part (0-1) is followed, what would be the company's overall profit? Overall profit from following the plan in part (0) 2. In Industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following: B Data $ $ 161,000 40,000 $ A 1 Chapter 13: Applying Excel 2 3 4 Exhibit 13-7 Santa Maria Wool Cooperative 5 Cost of wool 6 Cost of separation process 7 Sales value of Intermediate products at split-off point: 8 Undyed coarse wool 9 Undyed fine wool Undyod superfine wool 10 11 Costs of further processing (dyeing) Intermediate products: 12 Undyed coarse wool Undyed fine wool 13 Undyed superfine wool 14 Sales value of end products, 15 Dyed coarse wool 16 Dyed fine wool 17 Dyed superfine wool 18 $ 136,000 130,000 70,000 $ $ $ $ 50,000 60,000 10,000 $ $ $ 151,000 225,000 89,000 If your formulas are correct, you should get the correct answers to the following questions. a. What is the overall profit if all intermediate products are processed into final products? Overall profit from processing all intermediate products b. What is the financial advantage (disadvantage) from further processing? from further processing undyed coarse wool from further processing undyed fine wool from further processing undyed superfine wool 6-1. With these new costs and selling prices, what recommendations would you make concerning the company's operations? Sell as in or process further the Intermediate product undyed coarse wool? Sell as is or process further the intermediate product undyed fine wool? Sell as is or process further the intermediate product undyed superfino wool? c-2. If your recommendation in part (-1) is followed, what would be the company's overall profit? Overall profit from following the plan in part (o)