Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Check my w Kelp Company produces three joint products from seaweed. At the split-off point, three basic products emerge: Sea Tea, Sea Paste, and Sea

image text in transcribed
image text in transcribed
image text in transcribed
Check my w Kelp Company produces three joint products from seaweed. At the split-off point, three basic products emerge: Sea Tea, Sea Paste, and Sea Powder. Each of these products can either be sold at the split-off point or be processed further. If they are processed further the resulting products can be sold as delicacies to health food stores. Cost and revenue information is as follows. Additional Product Sea Tea Sea Paste Sea Powder Pounds Produced 9,000 6,500 2,000 Sales Value and Additional Costs If Processed Further Sales Value at Final Sales Split-off Value $ 60,000 $ 9 ,000 73.409 160,000 20.000 85,000 $ 35,00 50,00 14.000 Required: 0-1. Compute the incremental benefit (cost) of further processing to these products -2. Which products should Kelp process beyond the split off point? b. At what price per pound would it be advantageous for Kelp Company to sell Sea Paste at the split-off point rather than process it further? Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Rege Prow 1 of 2 i Next > e W Required: 0-1. Compute the incremental benefit (cost) of further processing to these products a-2. Which products should Kelp process beyond the split-off point? b. At what price per pound would it be advantageous for Kelp Company to sell Sea Paste at the split-off point rather than process it further? Complete this question by entering your answers in the tabs below. Regib . Req Al Reg A2 Compute the incremental benefit (cost) of further processing to these products. (Negative amounts should be shown with a minus sign.) Sea Tea Sea Paste Sea Powder Incremental benefit (cost) - Reg A2 > Prev 1 of 2 # Next > Required: 6-1. Compute the incremental benefit (cost) of further processing to these products a-2. Which products should Kelp process beyond the split-off point? b. At what price per pound would it be advantageous for Kelp Company to sell Sea Paste at the split off point rather than process it further? 40 points Complete this question by entering your answers in the tabs below. References Req Al Reg A2 Rego At what price per pound would it be advantageous for Kelp Company to sell Sea Paste at the split-off point rather than process it further? (Round your intermediate calculations and final answer to 2 decimal places.) Minimum price per pound

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditor Independence Auditing Corporate Governance And Market Confidence

Authors: Ismail Adelopo

1st Edition

1409434702, 978-1409434702

More Books

Students also viewed these Accounting questions

Question

Choosing Your Topic Researching the Topic

Answered: 1 week ago

Question

The Power of Public Speaking Clarifying the

Answered: 1 week ago