Question: its all one question. please answer them all Current Attempt in Progress Cullumber Inc. produces three separate products from a common process costing $100,500. Each

its all one question. please answer them all
its all one question. please answer them all Current Attempt in Progress
Cullumber Inc. produces three separate products from a common process costing $100,500.
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

Current Attempt in Progress Cullumber Inc. produces three separate products from a common process costing $100,500. 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 $59,400 15,100 54,300 x Your answer is incorrect. Cost to Process Further $100,900 51400 30,100 150,200 Sales Value after Further Processing $191,000 34,200 214,400 Determine total net income if all products are sold at the split-off point. (a) (b) fel x Your answer is incorrect. Determine total net income if all products are sold at the split-off point. Net income $ eTextbook and Media Save for Later 31.600 0/1 HE 1 Attempts: 1 of 4 used Submit Answ (b) (c) eTextbook and Media Save for Later Determine total net income if all products are sold after further processing. Net income $ 31,600 Save for Later (c) Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should f processed further. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parenth (45).) Product Product 10 Product 12 Product 14 Save for Later SA Incremental profit (loss) Decision Attempts: 0 of 4 used (d) Later Determine total net income using the results from previous part. Net income $ Is the net income different from that determined in part (b)? .net income is Save for Later by $ Attempts Att

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!