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Chrome File Edit View History Bookmarks People Window Help 4) 66%1, Sat 10:43 PM d :,[ WileyPLUS C Secure https://edugen.wileyplus.com/edugen/student/mainfr.uni WileyPLUS: MyWlleyPLUSI HelpI Contact Us I Log Out WileyPLUS Weygandt, Financial & Managerial Accounting, 2e Financial and Managerial Accounting (ACCTG 10 and 11) Home Read, Study&Practice; Gradebook ORION Downloadable eTextbook Assignment > Open Assignment MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Exercise 21-10 (Part Level Submission) Stahl Inc. produces three separate products from a common process costing price. Shown below are cost and selling price data for a recent period. 100,500 . Each of the products can be sold at the split-off point or can be processed further and then sold for a higher Sales Value at Split-Off Point 60,100 15,500 54,100 Cost to ProcesS Further Sales Value after Further Processing Product 10 Product 12 Product 14 100,300 29,200 151,000 $190,200 34,200 214,800 Determine total net income if all products are sold at the split-off point. Net income s LINK TO TEXT VIDEO: SIMILAR EXERCISE By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER The parts of this question must be completed in order. This part will be available when you complete the part above

Explanation / Answer

(a) Computation of total income if all products are at the Split-off point:

Sales value at Split-off point = $60100 + $15500 + $54100 = $129700

Joint costs = $100500

Net income = Sales - Joint cost

= $129700 - $100500

= $29200 (Answer)

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