Question: Sheffield Inc. produces three separate products from a common process costing $101,000. Each of the products can be sold at the split-off point or can

Sheffield Inc. produces three separate products from a common process costing $101,000. 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 Sales Value after Further Processing

Product 10 $60,900 $100,500 $189,100

Product 12 15,200 30,500 34,700

Product 14 54,700 150,900 215,000

Determine total net income using the results from previous part. Net income $ Entry field with incorrect answer Is the net income different from that determined in part (b)? Entry field with correct answer , net income is Entry field with correct answer by $ Entry field with incorrect answer

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