Fletcher Fabrication, Inc., produces three products by a joint production process. Raw materials are put into production in Department X, and at the end of processing in this department, three products appear. Product A is sold at the split-off point with no further processing. Products B and C require further processing before they are sold. Product B is processed in Department Y, and product C is processed in Department llocating joint production costs. for the quarter ended The company uses the estimated aliza value method of is a summary f costs d other No inventories were on hand at the beginning of the quarter. No raw material was on hand at June 30. All units on hand at the end of the quarter were fully complete as to processing. C A B 57,000 Products Pounds sold 21.000 66.000 June 30 s48.300 $256 500 $363 0on Sales revenuer Z Y 0 S Paw material cost $168.000 S Direct labor cost 74,500 93,000 31,900 282,000 101,500 Manufacturing overhead 26.000 Required: a. Determine the following amounts for each product: (Do not round intermediate calculations.) (1) Estimated net realizable value used for allocating joint costs Estimated net Product realizable values Product A Product B Product C Total (2) Joint costs allocated each of the three products. Products Costs Product A Product B Product C Total (3) Cost of goods sold Cost Goods Sold Product A Product B Product C Total (4) Finished goods inventory costs, June 30. Ending ventory Product A Product B Product C _ Tatal b. Assume that the entire output product A could be processed further at an additional cost of $5.5 O per pound and then sold for $12.90 per pound. Compute the incremental income from further processing A Incremental income c. Considering the results of part b, should the company process product A further? Yes No