Chapter $11$: Applying Excel

Enter a formula into each of the cells marked with a $?$ below

Example: Joint Product Costs and the Contribution Approach

Analysis of the profitability of the overall operation:

Combined final sales value

Less costs of producing the end products:

Cost of wool

Cost of separation process

Combined costs of dyeing

Profit

Analysis of sell or process further:

Final sales value after further processing

Less sales value at the split$-$off point

Incremental revenue from further processing

Less cost of further processing $($dyeing$)$

Financial advantage $($disadvantage$)$ of further processing