Carla Vista Inc. produces three separate products from a common process costing $100,200. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for a recent period. Sales Value at Split-Off Cost to Process Sales Value after Further Point Further Processing Product 10 $59,900 $100,000 $190,200 Product 12 15,500 30,900 Product 14 56,000 150,900 34,700 216,000 Determine total net income if all products are sold at the split-off point. Net income $ 31,200 Determine total net income if all products are sold after further processing. Net income $ 58,900 Product Incremental profit (loss) Decision Product 10 $ 30,300 Should be processed further Product 12 $ -11,700 Should be sold at the split-off point Product 14 $ 9,100 Should be processed further Determine total net income using the results from previous part. Net income Is the net income different from that determined in part (b)? , net income is by $

Carla Vista Inc. produces three separate products from a common process costing $100,200. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for a recent period. Sales Value at Split-Off Cost to Process Sales Value after Further Point Further Processing Product 10 $59,900 $100,000 $190,200 Product 12 15,500 30,900 Product 14 56,000 150,900 34,700 216,000 Determine total net income if all products are sold at the split-off point. Net income $ 31,200 Determine total net income if all products are sold after further processing. Net income $ 58,900 Product Incremental profit (loss) Decision Product 10 $ 30,300 Should be processed further Product 12 $ -11,700 Should be sold at the split-off point Product 14 $ 9,100 Should be processed further Determine total net income using the results from previous part. Net income Is the net income different from that determined in part (b)? , net income is by $

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter11: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 17E: Product cost method of product costing Smart Stream Inc. uses the product cost method of applying...

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JOINT PRODUCTS: Machintosh Company produces two products from a common input. Common Input Question 1 The sales value of Product A at the split-off point (without further processing) is P 60,000. The sales value of Product B at the split-off point (without further processing) is P 120,000. Product A Product B *Note: Split-off point is the juncture in the process when the products become separately identifiable. If Product A will be processed further after the split-off point, it will incur a processing cost of P 22,197, but its sales value after further processing will now be P 96,829. What will be the profit for Product A after further processing?
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