Question: Please help me with these two questions!!! I really appreciate it!! Dorsey Company manufactures three products from a common input in a joint processing operation.




Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the Split-off point total $350,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Each product can be processed further after the split-off point Additional processing requires no special facilities. The additionai processing costs (per quarter) and unit selling prices after further processing are given below: Required: 1. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which product or products shouid be processed further? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which groduct o products should be processed further? Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? (Enter "disadvantages" as a negative value.) 2. Based on your analysis in requirement 1, which product of products should be soid at the spilt-off point and which product o products should be processed further? Complete this question by entering your answers in the tabs below. Based on your analysis in requirement 1. which product or products should be sold at the split-off point and which product or products should be processed further? Thalissines Kataskeves, S.A., of Greece makes marine equipment. The compary has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows: "Cinmmnin rosts allocated on the hacic of machine-hours "Common costs allocoted on the basis of machine-hours. tCommon costs allocated on the basis of sales dollars. Discontinuing the bilge pump product line would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses: Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product line
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