Question: Cullumber Inc. produces three separate products from a common process costing $100,600. Each of the products can be sold at the split-off point or can

 Cullumber Inc. produces three separate products from a common process costing
$100,600. Each of the products can be sold at the split-off point

Cullumber Inc. produces three separate products from a common process costing $100,600. 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 Point $59.400 15.100 Product 10 Product 12 Product 14 Cost to Process Further $100,900 30,100 150.200 Sales Value after Further Processing $191,000 34,200 214,400 54,300 (a) Your answer is correct Determine total net income if all products are sold at the split-off point Net income 28200 (c) Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should be processed further. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Product Incremental profit (loss) Decision Product 10 Should be processed further Should be sold at the split-off point Product 12 $ Product 14 $

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