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I need help with this exercise so that it can be used as a study Exercise II. Products in Joint or Additional Processing Turabo Company

I need help with this exercise so that it can be used as a study

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Exercise II. Products in Joint or Additional Processing Turabo Company uses a Joint Process. During the production process three products come out, X, Y, Z; at the moment the production is finished. This moment is called "Split-off point". Products can be sold at the point of sale (Split-off point). Also, it canbe further processed with additional costs for products and then sold at a higher price. The combined process costs of the products are $30,000 for the year. Sales to Additional costs after Upsales Product Split- off point Split- off point then split - off point X $15,000 $2,200 $17,700 Y 18,000 8,000 23,000 Z 24,000 11,500 37,500 Required: 1. Determine the operational income to the point of separation of the products or Split-off point. 2. Determine the operating income for each product if these are to be processed additionally. 3. Which of them should be removed? 4. What is the operating income of the business, if all products are further processed? 5. What do you understand is the best combination that produces the best operating income? Show calculations. 6. What qualitative factors should you consider in your decision

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