Question
Current Attempt in Progress Coronado, Inc. produces three separate products from a common process costing $100,900. Each of the products can be sold at the
Current Attempt in Progress Coronado, 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. The cost and selling price data for a recent period are as follows: Product 12 Product 14 Product 16 Sales Value at Split-Off Point $50,600 10,300 60,500 Cost to Process Further $100,900 29,200 150,000 Sales Value after Further Processing $189,700 34,800 220,200
Determine the total net income of all products are sold after further processing
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