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ACCTG 231 FALL 2022 EXCEL PROBLEM # 4 JOINT PROCESSING DUE WEDNESDAY, NOVEMBER 30TH Below is information for Excel Problem #4. The information has also been input into the spreadsheet provided for you to submit your solution. Excelsior Company manufactures three products in a joint process that costs $210,000. Initial processing results in the following number of units of each product: Product A 2,500 units Product B 1,300 units Product C 2,000 units At the initial split off point the products can be sold for the prices below: Product A $50 per unit Product B $40 per unit Product C $30 per unit Instead of selling the products at split off, Excelsior could spend an additional $50,000 to process Product A further, which would result in a new sales price for Product A of $75 per unit. Excelsior could also process Product B further at a cost of $70,000, which would result in a new sales price for Product B of $90 per unit and could process Product C further at a cost of (use the last five digits of your student ID for the cost of further processing Product C), resulting in a new sales price for Product C of $45 per unit. The three tasks to complete in the spreadsheet are: 1. Complete the schedule provided to illustrate the financial advantage or disadvantage of further processing each of the products (be sure disadvantages appear as negative numbers). (2 points) 2. Based on your schedule in question #1, put an X in the relevant cell to indicate which product(s) should be sold at split-off and which processed further? (1 point) 3. Complete the schedule provided to compute the total profit earned if units are sold as indicated by your answer to question #2. (2 points) Remaining 5 points are for having a working spreadsheet that recalculates if one of the given variables is changed.

Please show formulas used on an excel sheet.

Last 5 digits are 12330