Kimmel, Accounting, 6e Help I S OR PRINTER NEXT Exercise 20-10 (Part Level Submi

Question

Kimmel, Accounting, 6e Help I S OR PRINTER NEXT 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 recent period. Sales Value at Split-off Point Cost to Process Further $100,100 29,100 149,800 Sales Value after Further Processing $61,000 15,000 $190,000 Product 10 Product 12 Product 14 34,700 214.900 54,000 (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

Explanation / Answer

d Product 10 89900 =190000-100100 Product 12 15000 Product 14 65100 =214900-149800 Total 170000 Less: Common costs 100200 Net income 69800 Yes, net income is increasing by $40000 (69800-29800)

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