US wevosndt. Mannperial Aecounting. se Hele I PRINTER VERSION * RACK Exercise 7-11 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 of each product. Sales Value at Split-ofr Point $210,100 299,900 Cost to Process Sales Value of Processed Product Joint Costs $40.400 59,400 79.100 $110,800 85,900 250,300 Uhura 399,500 800,900 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).) Spock Incremental profit (loss)s Indicate whether each of the three joint products should be sold as is, or processed further Spock Uhura Sulu Question Attempts: 0 of 3 used sAVE FOR LATER Weygandt, Hanagerial Accounting, Be Exercise 8-6 Alma's Recording Studio rents studio time to musicians in 2-hour blocks. Each session includes the use of the studio facilities, a digital recording of ea the performance, and a professional music producer/mixer. Anticipated annual volume is 1,000 sessions. The company has invested $2,364,000 in the studio and expects a return on investment (ROI) of 20%. Budgeted costs for the coming year are as follows. al col Session Total Direct material's (CDs, etc.) Variable owerhead $ 50 Variable selling and administrative expenses Fixed selling and administraive expenses 40 $505,000 Determine the total cost per session. Total cost per session Determine the desired ROI per session. (Round answer to 2 decimal places, e.g. 10.50.) Calculate the markup percentage on the total cost per session. Markup percentage %per session Calculate the target price per session. (Round answer to 2 decimal places, e.g. 10.50.) Target price Question Attempts: 0 of 3 used save P0 LATER