Cullumber Inc. produces three separate products from a common process costing $100,100. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for a recent period. Sales Value Cost to at Split-Off Process Sales Value after Further Point Further Processing Product 10 $60,500 $100,400 $190,400 Product 12 15,600 30,500 35,200 Product 14 54,800 150,700 215,100 Your answer is correct. Determinal net income if all products are sold at the split-off point. (b) Net income $ eTextbook and Media Your answer is correct. 30800 Determine total net income if all products are sold after further processing. (c) Net income $ eTextbook and Media Your answer is correct. 59000 Attempts: 1 of 5 used Attempts: 4 of 5 used Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should be processed further. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Product Incremental profit (loss) Decision Product 10 $ 29500 Should be processed further Calculate incremental p (loss) and determine which products should be sold at the split-off point and which should be processed further. (Enter negative amounts using either a negative sign preceding the number 45 or parentheses e.g. (45).) (d) Product Increme al profit (loss) Decision Product 10 $ 29500 Should be processed further Product 12 $ -10900 Should be sold at the split-off point Product 14 $ 9600 Should be processed further eTextbook and Media Your answer is partially correct. Determine total net income using the results from previous part. Net income 60300 Is the net income different from that determined in part (b)? Yes ,net income is higher by $ 29500 Attempts: 1 of 5 used (d) - Your answer is partially correct. Determine total net income using the results from previous part. Net income $ 60300 Is the net income different from that determined in part (b)? Yes , net income is higher by $ 29500