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Exercise 20-11 Your answer is partially correct. Try again. Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results
Exercise 20-11 Your answer is partially correct. Try again. Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spack, Uhura, and Sulu. Each of these products can be sold as is, or each can be processed further and sold for a higher price. The company incurs joint costs of $178,800 to process one batch of the raw material that produces the three joint products. The following cost and sales information is available for one batch of each product. Spock Uhura Sales Value at Split-Off Point $209,300 300,900 454,200 Allocated Joint Costs $39,800 60,000 79,000 Cost to Process Further $110,100 85,000 249,400 Sales Value of Processed Product $299,800 399,700 799,300 Sulu Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Spock Uhura Sulu Incremental profit (loss) (19800) 15200 97000 Indicate whether each of the three joint products should be sold as is, or processed further. Spock sold as is Uhura process further Sulu process further Click if you would like to Show Work for this question: Open Show Work
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