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In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile.
In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following:
A | B | C | |
1 | Chapter 07: Applying Excel | ||
2 | |||
3 | Data | ||
4 | Exhibit 7-6 Santa Maria Wool Cooperative | ||
5 | Cost of wool | $212,000 | |
6 | Cost of separation process | $40,000 | |
7 | Sales value of intermediate products at split-off point: | ||
8 | Undyed coarse wool | $118,000 | |
9 | Undyed fine wool | $141,000 | |
10 | Undyed superfine wool | $57,000 | |
11 | Costs of further processing (dyeing) intermediate products: | ||
12 | Undyed coarse wool | $50,000 | |
13 | Undyed fine wool | $60,000 | |
14 | Undyed superfine wool | $10,000 | |
15 | Sales value of end products: | ||
16 | Dyed coarse wool | $150,000 | |
17 | Dyed fine wool | $205,000 | |
18 | Dyed superfine wool | $94,000
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c-2. If your recommendation in part (c-1) is followed, what would be the companys overall profit?
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