Required information

The Chapter 12 Form worksheet is to be used to create your own worksheet version of the main example in the text.

2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following:

If your formulas are correct, you should get the correct answers to the following questions.

a. What is the overall profit if all intermediate products are processed into final products?

b. What is the financial advantage (disadvantage) from further processing?

c-1. With these new costs and selling prices, what recommendations would you make concerning the companys operations?

c-2. If your recommendation in part (c-1) is followed, what would be the companys overall profit?

are often volatile. Change the data area of your worksheet to match the follo 1Chapter 12: Applying Excel 2 3 Data 4 Exhibit 12-7 Santa Maria Wool Cooperative 5 Cost of wool 6 Cost of separation process 7 Sales value of intermediate products at split-off point: $168,000 $40,000 $ 114,000 $123,000 $60,000 Undyed coarse wool Undyed fine wool 9 10 Undyed superfine wool 11 Costs of further processing (dyeing) intermediate products 12Undyed coarse wool 13Undyed fine wool $50,000 $ 60,000 $10,000 Undyed superfine wool Sales value of end products: 15 $ 157,000 $ 213,000 $91,000 Dyed coarse wool Dyed fine wool Dyed superfine wool from further processing undyed coarse wool from further processing undyed fine wool from further processing undyed superfine wool C-1. With these new costs and selling prices, what recommendations would you make concerning the company's operations? Sell as is or process further the intermediate product undyed coarse wool? Sell as is or process further the intermediate product undyed fine wool? Sell as is or process further the intermediate product undyed superfine wool