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Question 9 Harris Corp. manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total

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Question 9 Harris Corp. manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $200,000 per year. The company allocates these costs to the joint products on the basis of their total sales value at the split-off point. Each product may be sold at the split-off point or processed further. The additional processing costs and sales value after further processing for each product (on an annual basis) are: Further Processing Costs S60,000 S105,000 585,000 Sales Value al Split-OIT S180,000 S135,000 $95.000 Sales Value After Further Processing S230,000 $280,000 S160,000 Product J... Product K. Product L... The "Further Processing Costs" consist of variable and avoidable fixed costs. Required: Should each of the intermediate products be sold as is or processed further into an end product? Explain by showing the profit or loss resulting from further processing

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