Question: Cullumber Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and Sulu.

Cullumber Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and Sulu. Each of these products can be sold as is, or each can be processed further and sold for a higher price. The company incurs joint costs of $180,400 to process one batch of the raw material that produces the three joint products. The following cost and sales information is available for one batch of each product. Sales Value of Processed Product Sales Value at Split-Off Point Allocated Joint Costs Cost to Process Further Spock $209,700 $40,600 $109.100 $299.500 Uhura 301.000 59,500 85,800 399,700 Sulu 454,300 80,300 249,800 799,300 Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).)
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The image you sent is a word problem about joint cost allocation Heres how to solve it 1 Identify the joint costs and the separable costs Joint costs The costs incurred before the splitoff point which ... View full answer
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