Question: Question 2 of 3 2.06/3.3 Current Attempt in Progress Ivanhoe Inc. produces three separate products from a common process costing $ 100,100. Each of the

Question 2 of 3 2.06/3.3 Current Attempt in Progress Ivanhoe Inc. produces three separate products from a common process costing $ 100,100. 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 Sales Value at Split-Off Point Cost to Process Further $ 100,300 Sales Value after Further Processing $ 189 200 $ 60,000 Product 10 Product 12 Product 14 15,800 29.200 34 300 54,400 150,300 214,100 (a) Your answer is correct. Determine total net income it all products are sold at the split-off point. Net income $ 30700 Question 2 of 3 Net income $ 2.06/3.3 57700 eTextbook and Media Attempts: 1 of 3 used (c) Your answer is partially correct. Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should be processed further. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es: (451) Product Incremental profit (loss) Product 10 $ Decision Should be processed further Product 12 $ Should be sold at the split-off point Product 14 $ Should be processed further e Textbook and Media
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