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Mayfair Corporation has a joint process that produces three products: P, G and A. Each product may be sold at split - off or processed
Mayfair Corporation has a joint process that produces three products: P, G and A. Each product may be sold at split - off or processed further and then sold. Joint - processing costs for a year amount to $15,000. Other data follows: Separable Processing Costs after Split - Off $5,000 6,500 5,000 Sales Value Product at Split - Off $62,000 12,500 9,400 Sales Value at Completion $88,000 19,500 12,000 P G A Processing Product G beyond the split - off point will cause profits to A. increase by $500 B. be unchanged C. increase by $1,000 D. increase by $7,000
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