Question: Please answer a,b,c joint processing operation. Joint Dorsey Company manufactures three products from a common input in a processing costs up to the spilit-off point

Please answer a,b,c  Please answer a,b,c joint processing operation. Joint Dorsey Company manufactures three
products from a common input in a processing costs up to the

joint processing operation. Joint Dorsey Company manufactures three products from a common input in a processing costs up to the spilit-off point total $97,000 per quarter. The company allocates these costs to the joint products on the basis of their relative sales value at the spit-off pointf Unit selling prices and total output at the split-off point are as follows Selling Price $ 5 per pound $ 6 per pound lon Quarteri Output 10,000 pounds 15,000 pounds 7,000 gallons $ 9 per gallon Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarter) and unit selling prices after further processing are given belo Costs S 41,000 S 35,000 S 18,750 Selling Price S 8 per pound $ 10 per pound $12 per gallon Required: a. Compute the incremental profit (loss) for each product. A Product B Product C Selling price after further processing Selling price at the split-off point Incremental revenue per pound or gallon Total quarterly output in pounds or gallons Total incremental revenue Total incremental processing costs Total incremental profit or loss

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!