Exercise 20-10 a-d (Video) Ivanhoe 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. Product 10 Sales Value at Split-Off Point $60,600 15,800 54,400 Cost to Process Further $100,300 29,200 150,300 Sales Value after Further Processing $189,200 34,300 214,100 Product 12 Product 14 Determine total net income if all products are sold at the split-off point. Net income $ LINK TO TEXT VIDEO: SIMILAR EXERCISE Determine total net income if all products are sold after further processing. Net income $ LINK TO TEXT VIDEO: SIMILAR EXERCISE 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 Product 12 $ Product 14 $ LINK TO TEXT VIDEO: SIMILAR EXERCISE 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 $ Click if you would like to Show Work for this question: Open Show Work