Question: Crane Inc. produces three separate products from a common process costing $100,700. Each of the products can be sold at the split- off point or
Crane Inc. produces three separate products from a common process costing $100,700. 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. Product 10 Product 12 Product 14 (a) Sales Value at Split-Off Point $60,900- 15,700 55,500 Cost to Process Further Net income $ $100,400 30,800 150,400 Determine total net income if all products are sold at the split-off point. Sales Value after Further Processing $189,400 35,900 215,200
Crane inc, produces three separate products from a common process costing $100,700. Each of the products can be sold at the splitoff 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. (a) Determine total net income if all products are sold at the split-off point. Net income
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