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Exercise 7-10 (Video) Stahl Inc. produces three separate products from a common process costing $100,400. Each of the products can be sold at the split-off
Exercise 7-10 (Video) Stahl Inc. produces three separate products from a common process costing $100,400. 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 Product 12 Product 14 Sales Value at Split-Off Point $60,300 15,500 54,100 Cost to Process Further $100,200 29,600 149,900 Sales Value after Further Processing $190,700 34,000 215,200 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)? Toys net income is Click if you would like to show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE
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