Jackson Flocks Inc processes Turkeys into four products for sale on the wholesale market Breasts Smoked legs and thighs Whole Turkeys Necks and wings for soup The costs to get the products to the point where they can be separately identified total $10,000,000 Additional Information follows Products lbs produced cost after split off selling price per lbs breasts 1,000,000 200,000 2 smoked legs and thighs 2,500,000 500,000 4 whole turkeys 2,000,000 425,000 3 necks and wings 500,000 350,000 5 Feathers are sold at the split off point as a by product for $1,000,000 which lower the joint costs allocated Based on the information given for Jackson Flocks 1 allocate the joint processing costs to the four products using a Sales value at split off method products sales price lbs produced total joint costs breasts smoked legs and thighs whole turkeys necks and wings b Physical measure method (volume in units) products lbs produced total lbs produced total joint costs breasts smoked legs and thighs whole turkeys necks and wings c NRV method Products sales price lbs produced added costs total joint costs breasts smoked legs and thighs whole turkeys neck and wings 2 Prepare an analysis for Jackson Flocks that compares processing the smoked legs and thighs further, as it currently does, with selling them as a product immediately at split off units dollars monthly unit output sales price Less NRV sales value at splitoff Incremental revenue Less further processing costs additional contribution from further processing 3 Assume Jackson flocks announced that in six months it will sell the legs and thighs at split off due to increasing competitive pressure Identify at least three types of likely behavior that will be demonstrated by the skilled labor in the brining and smoking process as a result of this announcement Include in your discussion how this behavior could be influenced by management Isn't that the Feathers are sold at the split off point as a by product for $1,000,000 which lower the joint costs allocated

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Jackson Flocks Inc. processes Turkeys into four products for sale on the wholesale market: Breasts Smoked legs and thighs Whole Turkeys Necks and wings for

Jackson Flocks Inc. processes Turkeys into four products for sale on the wholesale market:

Breasts

Smoked legs and thighs

Whole Turkeys

Necks and wings for soup

The costs to get the products to the point where they can be separately identified total $10,000,000. Additional Information follows:

Products	lbs produced	cost after split off	selling price per lbs
breasts	1,000,000	200,000	2
smoked legs and thighs	2,500,000	500,000	4
whole turkeys	2,000,000	425,000	3
necks and wings	500,000	350,000	5

Feathers are sold at the split-off point as a by-product for $1,000,000 which lower the joint costs allocated.

Based on the information given for Jackson Flocks:

1. allocate the joint processing costs to the four products using:

a. Sales value at split-off method

products	sales price	lbs produced	total joint costs
breasts
smoked legs and thighs
whole turkeys
necks and wings

b. Physical-measure method (volume in units)

products	lbs produced	total lbs produced	total joint costs
breasts
smoked legs and thighs
whole turkeys
necks and wings

c. NRV method

Products	sales price	lbs produced	added costs	total joint costs
breasts
smoked legs and thighs
whole turkeys
neck and wings

2. Prepare an analysis for Jackson Flocks that compares processing the smoked legs and thighs further, as it currently does, with selling them as a product immediately at split-off.

	units	dollars
monthly unit output
sales price
Less:NRV sales value at splitoff
Incremental revenue
Less: further processing costs
additional contribution from further processing

3. Assume Jackson flocks announced that in six months it will sell the legs and thighs at split-off due to increasing competitive pressure. Identify at least three types of likely behavior that will be demonstrated by the skilled labor in the brining and smoking process as a result of this announcement. Include in your discussion how this behavior could be influenced by management.

Isn't that the Feathers are sold at the split-off point as a by-product for $1,000,000 which lower the joint costs allocated