CASE ASSIGNMENT 2 (7 points) Cat Company produces products C, A, and T from a joint production process Each product may be sold at the split off point or be processed further Joint production costs of $134,000 per year are allocated to the products based on the relative number of units produced Data for Cat's operations for the current year are as follows Product C A T Units Produced Allocated Joint Sales Value Production Cost At Split off 16,000 $43,000 $62,000 25,000 54,000 73,000 13,000 37,000 52,000 Product C can be processed beyond the split off point for an additional cost of $21,000 and can then be sold for $91,000 Product A can be processed beyond the split off point for an additional cost of $34,000 and can then be sold for $95,000 Product T can be processed beyond the split off point for an additional cost of $8,000 and can then be sold for $63,000 QUESTION 1 Which products should be processed beyond the split off point (Show all calculations) (6 points) QUESTION 2 What is the split off point Explain in your own words (1 point)

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CASE ASSIGNMENT 2 (7 points) Cat Company produces products C, A, and T from a joint production process  Each product may be sold at the split off point or be processed further  Joint production costs of $134,000 per year are allocated to the products based on the relative number of units produced  Data for Cat's operations for the current year are as follows  Product C A T Units Produced Allocated Joint Sales Value Production Cost At Split off 16,000 $43,000 $62,000 25,000 54,000 73,000 13,000 37,000 52,000 Product C can be processed beyond the split off point for an additional cost of $21,000 and can then be sold for $91,000  Product A can be processed beyond the split off point for an additional cost of $34,000 and can then be sold for $95,000  Product T can be processed beyond the split  off point for an additional cost of $8,000 and can then be sold for $63,000  QUESTION 1 Which products should be processed beyond the split off point  (Show all calculations) (6 points) QUESTION 2 What is the split off point  Explain in your own words  (1 point)

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CASE ASSIGNMENT 2 (7 points) Cat Company produces products C, A, and T from a joint production process. Each product may be sold at the

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