Product Current Sales Value Estimated Added Processing Cost Sales Value If Processed Further Frozen yogurt $8,000 $2,000 $11,000 Ice Cream 12,000 7,000 18,000 PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). If needed, a Net Loss or decrease will be shown in whole dollars with "$" and parentheses - ($12,345). If processed further, what is the Frozen Yogurt's incremental profit or loss? If processed further, what is the Ice Cream's incremental profit or loss? Which of the products should be processed further? . Please note: Your answer is either "Frozen Yogurt" or "Ice Cream" - capital first letters and no quotes.
Product Current Sales Value Estimated Added Processing Cost Sales Value If Processed Further Frozen yogurt $8,000 $2,000 $11,000 Ice Cream 12,000 7,000 18,000 PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). If needed, a Net Loss or decrease will be shown in whole dollars with "$" and parentheses - ($12,345). If processed further, what is the Frozen Yogurt's incremental profit or loss? If processed further, what is the Ice Cream's incremental profit or loss? Which of the products should be processed further? . Please note: Your answer is either "Frozen Yogurt" or "Ice Cream" - capital first letters and no quotes.
Product Current Sales Value Estimated Added Processing Cost Sales Value If Processed Further Frozen yogurt $8,000 $2,000 $11,000 Ice Cream 12,000 7,000 18,000 PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). If needed, a Net Loss or decrease will be shown in whole dollars with "$" and parentheses - ($12,345). If processed further, what is the Frozen Yogurt's incremental profit or loss? If processed further, what is the Ice Cream's incremental profit or loss? Which of the products should be processed further? . Please note: Your answer is either "Frozen Yogurt" or "Ice Cream" - capital first letters and no quotes.
9. Ralston Dairy gathered this data about the two products that it produces:
Product
Current Sales Value
Estimated Added Processing Cost
Sales Value If Processed Further
Frozen yogurt
$8,000
$2,000
$11,000
Ice Cream
12,000
7,000
18,000
PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). If needed, a Net Loss or decrease will be shown in whole dollars with "$" and parentheses - ($12,345).
If processed further, what is the Frozen Yogurt's incremental profit or loss?
If processed further, what is the Ice Cream's incremental profit or loss?
Which of the products should be processed further? . Please note: Your answer is either "Frozen Yogurt" or "Ice Cream" - capital first letters and no quotes.
Definition Definition Operation costing method employed to determine the value of a product at each process or stage of the production process, applicable where goods produced from a series of continuous operations or procedure. Process costing is employed by businesses that manufacture goods and where production is in repetitive inflow.
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