PLUS weygand, Financial & Managerial Accounting, Help 1 System Announcements.c U

Question

PLUS weygand, Financial & Managerial Accounting, Help 1 System Announcements.c Unread mework Stahl Inc. produces three separate preducts from a comman process costing $100,800 Each of the preducts can be sold at the splt-off point or can be processed further and then sold for a higher price Showm below ane cost end selling price dats for a necent period Sales Value at Split-off after Further s 191,000 215,300 (Part Product 10 Product 12 Product 14 59,500 15,600 s 100,400 0,000 150,400 Your answer is correct. Determine total net income if all products are sold at the split-off pairt Net income SHOW ANSwR Attempta: 1 of 3 used (b) Determine total net income if all products are sold eher Further processing. Net income s 4 19

Explanation / Answer

ans)

calculation of total net income if all products are sold at the split-off point

Total sales revenue = 59500 + 15600 + 55600 = 130700

Less: total cost = (100800)

Net income 29900

Computation of net income if all products are sold after further processing

Total sales revenue = 191000 + 34400 + 215300 = 440700

Less: total cost = (100800)

Net income 339900

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