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Sheridan Industrial Products Inc is a diversified industrial-deaner processing company. The company/s Dargan plant produces two products: a table cleaner and a floor deaner from

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Sheridan Industrial Products Inc is a diversified industrial-deaner processing company. The company/s Dargan plant produces two products: a table cleaner and a floor deaner from a common set of chemical inputs (CDG). Exch weck, 909,000 ounces of chemical input are processed at a cost of $210,300 into 606,000 ounces of floor cleaner and 303,000 ounces of table deaner. The floor cleaner has no market value until it is converted into a polish with the trade name FloorShine. The additional processing costs for this conversion amount to $255,500. FloorShine sells at $22 per 30 -ounce bottle. The table cleaner can be sold for $20 per 25 -ounce bottle. However, the table cleaner can be converted into two other products by adding 303,000 ounces of another compound (TCP) to the 303,000 ounces of table cleaner. This joint process will yield 303,000 ounces each of table stain remover (TSR) and table pollsh (TP). The additional processing costs for this process amount to $107,000. Both table products can be sold for $15 per 25 -ounce bottle. The company decided not to process the table cleaner into TSR and TP based on the following analysks. IIf table cleaner is not processed further, it is allocated 1/3 of the $210,300 of CDG cost, which is equal to 1/3 of the total physical output. "If table cleaner is processed further, total physicat output is 1,212,000 ounces. TSR and TP combined account for 50 s of the total physical output and are each allocated 25% of the CDG cost. (a) Determine if management made the correct decision to not process the table cleaner further by doing the following (1) Calculate the company's total weody gross profit assuming the table cleaner is not processed further. Total weeldy gross profit s (2) Cavculate the company's total weeldy grons profit assuming the table cieanee is processed further: Total woekdy gross profit

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