Current Attempt in Progress Oriole Inc. produces three separate products from a common process costing $100,000. 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 Sales Value at Split-Off Process after Further Point Further Processing Product 10 $60,800 $100,900 $190,500 Product 12 15,200 30,400 35.600 Product 14 55,600 150,400 214,000 Determine total net income using the results from previous part. Net income $ Is the net income different from that determined in part (b)? Yes .net income is higher V by $ Oriole Inc. produces three separate products from a common process costing $100,000. 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 Cost to Process Further $100.900 Sales Value after Further Processing $190,500 $60,800 Product 10 Product 12 15,200 30,400 35,600 Product 14 55,600 150,400 214.000 (a) Your answer is correct Determine total net income if all products are sold at the split-off point. Net income $ 31600 e Textbook and Media Attemptss 1 of 5 used (b) Your answer is correct Determine total net income if all products are sold after further processing Net income $ 58400 e Textbook and Media Attempts: 1 of 5 used (c) Your answer is correct 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 (45) Product Incremental profit (loss) Decision Product 10 $ 28800 Should be processed further $ Product 12 (10,000) Should be sold at the split-off point 8000 $ Should be processed further Product 14 (d) 5.2577 Determine total net income using the results from previous part. Net income $ Is the net income different from that determined in part (b)? Yes net income is higher by $ e Textbook and Media