Exercise 20-10 (Part Level Submission) Stahl Inc. produces three separate produc

Question

Exercise 20-10 (Part Level Submission) Stahl Inc. produces three separate products from a common process costing $100,200. 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. Cost to ProcesS Further at Split-off after Further Point $61,000 15,000 54,000 ing Product 10 Product 12 Product 14 $100,100 29,100 149,800 $190,000 34,700 214,900 (a) Your answer is correct. Determine total net income if all products are sold at the split-off point. Net income Click if you would like to Show Work for this question: open Show work

Explanation / Answer

Sale value after further processing ($190,000+$34,700+$214,900) $   439,600 Less: Common process cost $ (100,200) Less: Further processing cost ($100,100+$29,100+$149,800) $ (279,000) Total net income if sold after further processing $      60,400

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