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Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three jaint products: Spack, Lhura, and Sulu. Each
Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three jaint products: Spack, Lhura, and Sulu. Each of these products can be sold as is, or each can be processed further and sald for a higher price. The currpany incurs joint costs of $200,100 lu process unie betch of the raw material that produces the three joint products. The following cost and sales information is available for one balch of each product. Spock Uhura Sulu Sales Value at Split-off Point $209,600 300,500 454.900 Allocated Joint Costs 541,000 59,000 80,100 Cost to Process Further $110.700 25,500 249.300 Sales Value of Processed Product $299,400 400,100 800,900 Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Spock Uhura Sulu Incremental profit loss) Indicate whether each of the three joint products should be sold as is, ar processed further. Spock Uhura SUL
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