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Question 10 Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and
Question 10 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 $178,900 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 o each product. Sales Value at Split-Off Point Allocated Joint Costs Cost to Process Further Sales Value of Processed Product Spock $210,100 $40,400 $110,800 $300,300 Uhura 59,400 299,900 85.900 399,500 octc Sulu 455,000 79,100 ... 250,300 800,900 Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sulu Spock Uhura Incremental profit (loss) Indicate whether each of the three joint products should be sold as is, processed further Spock Uhura Sulu Open Show Work Click if you would like to Show Work for this
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