Bramble, Inc. produces three separate products from a common process costing $100.300. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. The cost and selling price data for a recent period are as follows: Product 12 Product 14 Product 16 (a) Sales Value at Split-Off Point $50,100 11.000 60,800 Your answer is incorrect Total net income Cost to Process Further $100.300 29.200 150,900 Sales Value after Further Processing $190,100 34,700 220,300 Determine the total net income if all products are sold at the split-off point
Bramble, Inc. produces three separate products from a common process costing $100.300. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. The cost and selling price data for a recent period are as follows: Product 12 Product 14 Product 16 (a) Sales Value at Split-Off Point $50,100 11.000 60,800 Your answer is incorrect Total net income Cost to Process Further $100.300 29.200 150,900 Sales Value after Further Processing $190,100 34,700 220,300 Determine the total net income if all products are sold at the split-off point
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Bramble, Inc. produces three separate products from a common process costing $100,300. Each of the products can be sold at the
split-off point or can be processed further and then sold for a higher price. The cost and selling price data for a recent period are as
follows:
Product 12
Product 14
Product 16
(a)
Sales Value at
Split-Off Point
$50,100
11.000
60,800
Your answer is incorrect,
Total net income
Cost to
Process Further
$100,300
29.200
150,900
Sales Value after
Further Processing
$190,100
34,700
220,300
Determine the total net income if all products are sold at the split-off point
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