I need help with a managerial accounting question. All parts pertain to the same question.
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $360,000 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: Quarterly Product Selling Price Output A $ 22. 00 per pound 13, 400 pounds $ 16. 00 per pound 20, 900 pounds $ 28. 00 per gallon 4,600 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 Selling Product Costs Price A $ 75, 970 $27.30 per pound $109, 395 $22.30 per pound $ 48, 260 $36.30 per gallon Required: I. 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? 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 Required 1 Required 2Dorsey Company manufactures three products from a common input in ajoint processing operation. Joint processing costs up to the split-off point total $360,000 per quarter. For nancial 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: Quarterly Product Selling Price Output A $ 22.0% per pound 13,4le pounds B at 16.0% per pound 26.9% pounds c $ 28.00 52h)" 4,6Ml 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 Selling Product Costs Price A $ 75,976 $27.36 per pound B $1B9,395 $22.30 per pound C $ 48,268 $36.36 per gallon Required: 1. What is the nancial 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 splitoff point and which product or products should be processed further? Complete thls question by enterlng your answers In the tabs below. 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? Sell at split-off point? - ___
