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Part B In yet another division, LOLA Corp. has a joint process that produces three separate products: Product A, Product B and Product C. Each
Part B In yet another division, LOLA Corp. has a joint process that produces three separate products: Product A, Product B and Product C. Each product may be sold at split- off or processed further and then sold. Joint processing costs for a year amount to $90,000. Other relevant data are as follows: Product Sales Value Costs after at Split-Off Split-Off $ $ 60,000 110,000 B 15,000 50,000 55,000 125,000 Sales Value at Completion $ 190,000 35,000 215,000 Required: a. Determine total net income if all products are sold at split-off point. b. Determine total net income if all products are sold after processing. c. Using incremental analysis determine which products in this division of Intune Global should be sold at split-off point and which should be processed further
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