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Pharoah Inc. produces three separate products from a common process costing $ 1 0 1 , 0 0 0 . Each of the products can

Pharoah Inc. produces three separate products from a common process costing $101,000. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for a recent period. Sales Value at Split-Off Point Cost to Process Further Sales Value after Further Processing Product 10 $60,900 $100,500$ 189,100 Product 1215,20030,50034,700 Product 1454,700150.900215,000( a) Your answer is correct . Determine total net income if all products are sold at the split -off point . Net income 29800 Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should be processed further .(Enter negative amounts using either a negative sign preceding the number eg.45 or parentheses eg(45)) Product Incremental profit (loss) Decision Product 10 Should be processed further Product 12 $ Should be sold at the split-off point Product 14 $ Shou be processed further

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