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I need help solving this question steo by step, with labels, thank you! The required 2 is only a no or yes response. Dorsey Company
I need help solving this question steo by step, with labels, thank you! The "required 2" is only a "no" or "yes" response.
Dorsey Company manufactures three products from a common input in a joint processing operation Joint processing costs up to the split-off point total $330,000 per quarter . For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point Unit selling prices and total output at the split off point are as follows: Product Selling Price Quarterly Output $ 16.00 per pound 12,200 pounds B $ 10.00 per pound 19, 100 pounds C $ 22.00 per gallon 3,400 gallons Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarter) and unlt selling prices after further processing are given below: Additional Processing Product Costs Selling Price A $ 61,390 $ 20.70 per pound $ 87,645 $15.70 per pound $ 35,300 $ 29.70 per gallon Required: 1. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which productor products should be processed further? B Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? (Enter "disadvantages" as a negative value) Product A Product B Product C Financial advantage (disadvantage) of further processing mequired Required 2 > B Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $330,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Product Selling Price Quarterly Output $ 16.00 per pound 12,200 pounds $ 10.00 per pound 19, 100 pounds $ 22.00 per gallon 3,400 gallons Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarter) and unit selling prices after further processing are given below: Additional Processing Product Costs Selling Price $ 61,390 $ 20.70 per pound $ 87,645 $15.70 per pound $ 35,300 $ 29.70 per gallon Required: 1. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which product or products should be processed further? A B Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which product or products should be processed further? Product A Product B Product C Sell at split-off point? Process further? Processing Product Costs Selling Price A $ 61,390 $ 20.70 per pound B $ 87,645 $15.70 per pound $ 35,300 $ 29.70 per gallon Required: 1. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which productor products should be processed further? 100 Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Based on your analysis in requirement, which product of products should be sold at the spir-off point and which product or Product A Products Product Sell at split-off point? Process further No Step by Step Solution
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