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#2 Cullumber Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and Sulu.
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Cullumber Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and Sulu. Each of these products can be sold as is, or each can be processed further and sold for a higher price. The company incurs joint costs of $180,000 to process one batch of the raw material that produces the three joint products. The following cost and sales information is available for one batch of each product. Sales Value at Split-Off Point $210,800 Allocated Joint Costs $39.400 Cost to Process Further $110,400 Spock Sales Value of Processed Product $299,200 399,600 800,600 Uhura 299.500 60,400 85,100 Sulu 454,900 80,200 249,900 Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number es. -45 or parentheses eg. (45).) Spock Uhura Sulu Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses es.(451) Spock Uhura Sulu Incremental profit (loss) $ $ Indicate whether each of the three joint products should be sold as is, or processed further Spock Uhura Sulu Indicate whether each of the three joint prodi Spock w V Uhura process further sold as is Sulu Step by Step Solution
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