Chapter 11: Applying Excel Exercise ints 2. In Industries that process joint products, the costs of the raw sales values of intermediate and final products are often volatile. Change the data area of you following: B Book 1 Chapter 11: Applying Excel 2 3 Data Files $ 243,000 $ 40,000 Print eference $ 114,000 $ 128,000 $ 77,000 Exhibit 11-7 Santa Maria Wool Cooperative 4 Cost of wool 5 Cost of separation process 6 Sales value of Intermediate products at split- 7 off point Undyed coarse wool 8 Undyed fine wool 9 Undyed superfine wool 10 Costs of further processing (dyeing) intermediate products 11 Undyed coarse wool 12 Undyed fine wool 13 Undyed superfine wool Sales value of end products: 14 Dyed coarse wool 15 Dyed fine wool 16 Dyed superfine wool 17 $ 50,000 $ 60,000 $ 10,000 $ 145,000 $ 240,000 $ 100,000 your formulas are correct, you should get the correct answers to the following questions. a What is the overall profit ifall intermediate products are processed into final products? Overal profit from processing all Intermediate products b. What is the financial advantage disadvantage from further processing? from further processing undyed coarse wool trom further processing undyed fine wool trom further processing undyed superfine wool ol with these new costs and selling prices, what recommendations would you make concerning the company's operations? SOL is of process further the intermediate product unded coarse wool Senasis of Docess further the intermediate product bints 15 16 17 Dyed coarse wool Dyed fine wool Dyed superfine wool $ 145,000 $ 240,000 $ 100,000 eBook If your formulas are correct, you should get the correct answestions. Files a. What is the overall profit ifall intermediate products are processed into final products? Print Overall profit from processing all intermediate products eference 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 o 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 coarse wool? Sell as is or process further the intermediate product undyed fine wool? Sel as is or process further the intermediate product undyed superfine wool? 2. your recommendation in particis followed, what would be the company's overall profit? De plan