Question: do all parts a, b, c, d Instructions a. Determine total net income if all products are sold at the split-off point. b. Determine total
Instructions a. Determine total net income if all products are sold at the split-off point. b. Determine total net income if all products are sold after further processing c. Using incremental analysis, determine which products should be sold at the split-off point and which should be processed further. d. Determine total net income using the results from (c) and explain why the net income is different from that determined in (b). further joint precis > Excel E20.11 (LO 4), AN Kirk Minerals processes materials extracted from mines. The most common raw ma- terial that it processes results in three joint products: Spock, Uhur and Sul, Bach 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 $180,000 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 at Allocated Cost to Process Sales Value of Split-Off Point Joint Costs Further Processed Product Spock $210,000 S40.000 $110.000 S300.000 Uhura 300.000 60,000 85.000 400,000 Sulu 455.000 80,000 250,000 800.000
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