2 Chapter 11: Applying Excel: Exercise (Part 2 of 2) (Algo) Part 2 of 2 2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following: 15 points 1 Chapter 11: Applying Excel A B 2 3 Data eBook 4 Exhibit 11-7 Santa Maria Wool Cooperative 5 Cost of wool $ 248,000 6 Print Cost of separation process S 40,000 7 Sales value of intermediate products at split-off point: 8 Undyed coarse wool S 115,000 References 9 Undyed fine wool S 152,000 10 Undyed superfine wool S 71,000 11 Costs of further processing (dyeing) intermediate products: 12 Undyed coarse wool $ 50,000 13 Undyed fine wool $ 60,000 14 S 10,000 Mc Graw Hill Undyed superfine wool 15 Sales value of end products: 16 Dyed coarse wool 17 Dyed fine wool 18 Dyed superfine wool S 146,000 S 232,000 S 90,000 < Prev 2 of 2 Next > Check my work Chapter 11 Applying Excel 2 Required information Part 2 of 2 15 points Saved If your formulas are correct, you should get the correct answers to the following questions. a. What is the overall profit if all intermediate products are processed into final products? Overall profit from processing all intermediate products eBook Print References b. What is the financial advantage (disadvantage) from further processing? from further processing undyed coarse wool from further processing undyed fine wool from further processing undyed superfine wool Mc Graw Hill < Prev GN of 2 Next Help Save & Exit Submit Check my work 2 Required information Part 2 of 2 15 points eBook c-1. With these new costs and selling prices, what recommendations would you make concerning the company's operations? Sell as is or process further the intermediate product undyed coarse wool? Sell as is or process further the intermediate product undyed fine wool? Sell as is or process further the intermediate product undyed superfine wool? Print References Mc Graw Hill c-2. If your recommendation in part (c-1) is followed, what would be the company's overall profit? Overall profit from following the plan in part (c) < Prev 2 of 2 Next > Check my work