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Cullumber Inc. produces three separate products from a common process costing $100,900. Each of the products can be sold at the split-off point or can
Cullumber Inc. produces three separate products from a common process costing $100,900. 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 at Split-Off Point $59,800 Cost to Process Further $100,900 29,000 Product 10 Product 12 Product 14 Sales Value after Further Processing $190,300 34,800 215,200 15,300 56,000 149,900 Your answer is correct. Determine total net income it all products are sold at the split-off point. Net Income $ 30200 Determine total net income if all products are sold after further processing, Net income * Your answer is incorrect. 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 eg.45 or parentheses es (451) Product Incremental proht (loss) Decision Product 10 $ Product 12 $ Product 14 $ X Your answer is incorrect. Determine total net income using the results from previous part. Net income Is the net income different from that determined in part (b)? net income is by $
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