Kimmel, Accounting, 6e Help I System Announcements Exercise 20-10 (Part Level Su

Question

Kimmel, Accounting, 6e Help I System Announcements 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. Sales Value at Split-Off Point Cost to Process Further Product 10 Product 1:2 Product 14 after Further Processing $190,000 34,700 214,900 $61,000 $100,100 29,100 15,000 54,000 149,800 (a) Your answer is correct. Determine total net income if all roducts are sold at the split-off point. Net income 29800 Click if you would like to Show Work for this question: Open Show work

Explanation / Answer

Calculate incremental profit or (loss) :

Sale value after further processing Sale value at split off point Additional cost Incremental profit (loss) Decision Product 10 190000 61000 100100 28900 Sale after further processing Product 12 34700 15000 29100 (9400) Sale at split off point Product 14 214900 54000 149800 11100 Sale after further processing

Related Questions

Navigate

• Browse (All)
• Browse K
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.