Chapter 11: Applying Excel: Exercise (Part 2 of 2) 2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following: 1 Chapter 11: Applying Excel $ $ 155,000 40,000 3 Data 4 Exhibit 11-7 Santa Maria Wool Cooperative Cost of wool 6 Cost of separation process 7 Sales value of intermediate products at split-off point: Undyed coarse wool Undyed fine wool Undyed superfine wool 11 Costs of further processing (dyeing) intermediate products: 12 Undyed coarse wool ...1.3....... ......... ......... Ola 117,000 130,000 80,000 10 50,000 ........20.onal Required information $ 13 50,000 60,000 10,000 $ 9 (1) 9) . 12 Undyed coarse wool Undyed fine wool 14 Undyed superfine wool 15 Sales value of end products: 16 Dyed coarse wool Dyed fine wool 18 Dyed superfine wool 17 155,000 240,000 86,000 b. What is the financial advantage (disadvantage) from further processing? Financial (disadvantage) Financial advantage Financial (disadvantage) from further processing undyed coarse wool from further processing undyed fine wool from further processing undyed superfine wool C-2. If your recommendation in part (C-1) is followed, what would be the company's overall profit? Overall profit from following the plan in part (c) $ 178,000