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can someone help me with this prectice problem The following information relates to two products made by a manufacturing company. Joint processing costs up to
can someone help me with this prectice problem
The following information relates to two products made by a manufacturing company. Joint processing costs up to the split-off point of Products X and Y total $45,100 a year. These costs are allocated to the joint products on the basis of their total sales values at the split-off point. Both products may be processed further or sold at the split-off point. Allocated joint processing costs Sales value at split-off point Costs of further processing Sales value after further processing Product X $ 17,900 $ 25,400 $ 22,400 $ 47,000 Product Y $ 27,200 $ 37,000 $ 16,700 $ 54,789 Total $ 45,100 $ 62,400 $ 39,100 $191,700 Required: a. What is financial advantage (disadvantage) of processing Product X beyond the split off point? (Negative amount should be indicated by a minus sign.) b. What is financial advantage (disadvantage) of processing Product Y beyond the split-off point? (Negative amount should be indicated by a minus sign.) b. Financial advantage Financial disadvantage Step by Step Solution
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