rr 15. JKL Company processes lumber up to the split-off point where two products (paper and pencicasings) are obtained. The products are then sold to an independent company that markets anddistributes them to retail outlets. The following information was collected for the month ofOctober:Production:Oo• Sales:PaperPencil casings150,000 sheets150,000OPaper138,000 at $0.10 per page145,500 at $0.14 per casing -O Pencil casings26479The cost of purchasing and processing lumber up to the split - off point to yield 150,000 sheets ofpaper and 150,000 pencil casings is $16,000.What is the total sales value at the split - off point for paper?

Sales value at split off point is calculated by multiplying the number of units produced at split…

15. JKL Company processes lumber up to the split-off point where two products (paper and pend casings) are obtained. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of October: Production: O Paper Pencil casings • Sales: o Paper O Pencil casings 150,000 sheets 150,000 138,000 at $0.10 per page 145,500 at $0.14 per casing- The cost of purchasing and processing lumber up to the split-off point to yield 150,000 sheets of paper and 150,000 pencil casings is $16,000. What is the total sales value at the split - off point for paper?