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please help will upvote if correct Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint
please help will upvote if correct
Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and Sulu. Each of these products can be sold as is, or each can be processed further and sold for a higher price. The company incurs joint costs of $180,000 to process one batch of the raw material that produces the three joint products. The following cost and sales information is available for one batch of each product. Spock Uhura Suhu Sales Value at Split-off Point $210,000 300,000 455,000 Allocated Joint Costs $40,000 60,000 80,000 Cost to Process Further $110.000 85,000 250,000 Sales Value of Processed Product $300,000 400,000 800,000 Instructions Determine whether each of the three joint products should be sold as is, or processed further. Spock Uhura Suhu Solution: Sales value of processed product Sales value @ split-off point Incremental revenue Incremental costs Incremental profit (loss) Should the 3 Joint Products be processed further Step by Step Solution
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