In industries that process Joint products, the costs of the raw materials inputs and the sales...

  

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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 A B Chapter 13: Applying Excel 2. Data 4. Exhibit 13-7 Santa Maria Wool Cooperative Cost of wool 159,000 40,000 Cost of separation process 6 Sales value of intermediate products at split-off point Undyed coarse wool 136,000 Undyed fine wool 122,000 53,000 Undyed superfine wool 10 Costs of further processing (dyeing) intermediate products 11 Undyed coarse wool 50,000 60,000 12 Undyed fine wool Undyed superfine wool Sales value of end products 13 10,000 14 15 Dyed coarse wool 157,000 197,000 16 Dyed fine wool 17 Dyed superfine wool %24 92,000 18 If your formulas are correct, you should get the correct answers to the following questions. a. What is the overal profit if all intermediate products are processed into final products? Overall profit from processing intemedate products 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 1. With these new costs and selling prices, what recommendations would you make concerning the company's operation 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? c-2. If your recommendation in part (c-1) is followed, what would be the company's overall profit? Overnl profit from following the plan in part (c) 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 A B Chapter 13: Applying Excel 2. Data 4. Exhibit 13-7 Santa Maria Wool Cooperative Cost of wool 159,000 40,000 Cost of separation process 6 Sales value of intermediate products at split-off point Undyed coarse wool 136,000 Undyed fine wool 122,000 53,000 Undyed superfine wool 10 Costs of further processing (dyeing) intermediate products 11 Undyed coarse wool 50,000 60,000 12 Undyed fine wool Undyed superfine wool Sales value of end products 13 10,000 14 15 Dyed coarse wool 157,000 197,000 16 Dyed fine wool 17 Dyed superfine wool %24 92,000 18 If your formulas are correct, you should get the correct answers to the following questions. a. What is the overal profit if all intermediate products are processed into final products? Overall profit from processing intemedate products 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 1. With these new costs and selling prices, what recommendations would you make concerning the company's operation 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? c-2. If your recommendation in part (c-1) is followed, what would be the company's overall profit? Overnl profit from following the plan in part (c)

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a Overall Profit from processing all intermediate products 127000 b Disadvantage from furth... View the full answer