Last question for the week.

Current Attempt in Progress Concord Industrial Products Inc is a diversified industrial-cleaner processing company. The company's Dargan plant produces two products: a table cleaner and a floor cleaner from a common set of chemical inputs (CDG) Each week, 909.000 ounces of chemical input are processed at a cost of $210.300 into 606,000 ounces of floor cleaner and 303,000 ounces of table cleaner. The floor cleaner has no market value until it is converted into a polish with the trade name Floor Shine. The additional processing costs for this conversion amount to $255.500 Floor Shine sells at $22 per 30-ounce bottle. The table cleaner can be sold for $20 per 25-ounce bottle. However the table deaner can be converted into two other products by adding 303,000 ounces of another compound (TCP) to the 303.000 ounces of table cleaner. Thisjoint process will yield 303.000 ounces each of table stain remover (TSR) and table polish (TP). The additional processing costs for this process amount to $107.000. Both table products can be sold for $15 per 25-ounce bottle. The company decided not to process the table cleaner into TSR and TP based on the following analysis. Process Further Table Stain Remover (TSR) Total Table Cleaner 303,000 5242.400 Table Polish (TP) 303.000 $ 181,800 Production in ounces Revenues 303,000 $ 181,800 $363.600 Costs CDG costs TCP COSTS Total costs Weekly gross profit 70.100 0 70.100 $172.300 52.575 53.500 106,075 $75.725 52.575 53.500 106.075 $75.725 105 150 107.000 212.150 S151.450 if table cleaner is not processed further it is allocated 1, G of the S2 10,300 of CDG cost, which is equal to 1/3 of the total physical iftable cleaner is processed further, total physical output is 1212,000 ounces. TSR and TP combined account for 50% of the total physical output and are each allocated 25% of the CDG cost. Determine if management made the correct decision to not process the table deaner further by doing the following (1) Calculate the company's total weekly gross profit assuming the table cleaner is not processed further. Tozal weekly gross profit s 21 Calculate the company's total weekly gross profit assuming the table cleaner is processed further Total weekdy gross profit $ (3) Compare the resulting net incomes and comment on management's decision Management made the y decision by choosing to not process table cleaner further e Textbook and Media LOS 70.100 0 52.575 53.500 CDG costs TCP costs Total costs Weekly gross profit 52.575 53.500 106,075 $75.725 105,150 107.000 212,150 $ 151,450 70.100 $172.300 106,075 $75.725 "If table cleaner is not processed further it is allocated 1/3 of the $210,300 of CDG cost, which is equal to 113 of the total physical output **If table cleaner is processed further, total physical output is 1,212,000 ounces TSR and TP combined edcount for 50% of the total physical output and are each allocated 25% of the COXG cost. Determine if management made the correct decision to not process the table deamer further by deve the following (1) Calculate the company's total weekly gross profit assuming the table cleaner is not processed further Total weekly gross pront $ (2) Calculate the company's total weekly gross profit assuming the table cleaner is processed further Total weekly gross proft $ (3) Compare the resulting net incomes and comment on management's decision Management made the V decision by choosing to not process table cleaner Further e Textbook and Media Using incremental analysis, determine if the table cleaner should be processed further. ( amount decreases net income then enter the amount using either a negative sign preceding the number 3.-45 or parentheses es (45) Don't Process Table Cleaner Further Process Table Cleaner Further Net Income Increase (Decrease s S incremental costs S S 9 eTextbook and Media Attempts of 3 used Submit Answer ype here to search a