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Problem 7-14 Tarjee Products produces orange juice and candied orange peels. A 1,000-pound batch of oranges, costing $470, is transformed using labor of $60 into
Problem 7-14 Tarjee Products produces orange juice and candied orange peels. A 1,000-pound batch of oranges, costing $470, is transformed using labor of $60 into 120 pounds of orange peels and 270 pints of juice. The company has determined that the sales value of 120 pounds of peels at the split-off point is $370, and the value of a pint of juice (not pasteurized or bottled) is $0.50. Beyond the split-off point, the cost of sugar-coating and packaging the 120 pounds of peels is $60. The cost of pasteurizing and packaging the 270 pints of juice is $260. A 120-pound box of candied peels is sold to commercial baking companies for $610. Each pint of juice is sold for $1.61. Allocate joint costs using the relative sales values at the split-off point, and calculate the profit per 120-pound box of sugar-coated peels and the profit per pint of juice. (Round profit per pint of juice to 2 decimal places, e.g. 15.25 and other answers to o decimal places, e.g. 5,725. Round intermediate calculations to 4 decimal places, e.g. 0.6254. Enter loss using either a negative sign preceding the number e.g.-15.25 or parentheses e.g. (15.25).) Allocation of joint costs to sugar-coated peels 388316 : Allocation of joint costs to juice 141683 Profit per 120-pound box of sugar-coated peels & 161684 Profit (Loss) per pint of juice 33017 LINK TO TEXT What is the incremental benefit (cost) to the company of sugar-coating the peels rather than selling them in their condition at the split-off point? The incremental of sugar-coating the peels $ LINK TO TEXT What is the incremental benefit (cost) to the company of pasteurizing and packaging a pint of juice rather than selling the juice at the split-off point? (Round answer to 2 decimal places, e.g. 15.25.) The incremental juice of pasteurizing and packaging a pint of per pint. Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Attempts: 0 of 3 used
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