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Exercise 21-11 Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spoc these products
Exercise 21-11 Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spoc 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 $181,000 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. Sales Value at Allocated Cost to Process Split-Off Point $209,600 299,100 Sales Value of Processed Product $299,900 400,800 799,500 Joint Costs Spock Uhura Sulu $40,600 60,600 79,800 Further $109,600 85,100 250,700 454,500 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) Indicate whether each of the three joint products should be sold as is, or processed further. Spock Uhura Sulu SAVE FOR LATER SUBMIT ANSWER Question Attempts: 0 of 15 used
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