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

Kirk 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 $178,600 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 atSplit-Off Point AllocatedJoint Costs Cost to Process Further Sales Value ofProcessed Product

Spock $209,500 $39,200 $110,100 $300,900

Uhura 299,900 59,100 85,100 400,900

Sulu 454,000 80,300 249,500 800,700

Determine the incremental profit or loss that each of the three joint products.(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Spock Uhura Sulu

Incremental profit (loss) $ $ $

Indicate whether each of the three joint products should be sold as is, or processed further.

Should Spockbe sold as is or process further?

Should Uhura be sold as is or process further?

Should Sulu be sold as is or process further?

Please show work.

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