accounting: total net income
Schultz, Inc. produces three separate products from a common process costing $100,648. 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 |
|Cost to |
|Sales Value |
| ||Product 12 ||$49,055 || ||$100,159 || ||$190,300 || |
| ||Product 14 ||10,685 || ||30,723 || ||34,326 || |
| ||Product 16 ||59,699 || ||149,474 || ||220,452 || |
a)Determine total net income if all products are sold at the split-off point. it's 18791
b)Determine total net income if all products are sold after further processing. its 64074
c)Using incremental analysis, determine which products should be sold at the split-off point and which should be processed further.:
Product 12 should be processed further
Product 14 should be sold at the split off point
product 16 should be processed further
d)Determine total net income using the results from the previous part of the question.
I just dont get how to get d. Please help!