Benjamin Signal Company produces products R, J, C from a joint process. Each product may besold at the split off point or be processed further. Joint production costs of $92,000 areallocated to the products based on the relative number of units produced.Data for the current year operations follow:ProductUnitsAllocated Joint Sales Value atProducedProductionSpit offCost$ 32,000$ 40,000$ 20,000$ 76,000$ 71,000$ 48,000R8,00010,0005,000Product R can be processed beyond the split off point for an additional cost of $26,000 and canthen be sold for $105,000. Product J can be processed beyond the split off point for anadditional $38,000 and then sold for $117,000. Product C can be processed beyond the split offpoint for an additional $12,000 and then sold for $57,000.Required:Which products should be processed beyond the split off point? Show your calculations.

Product Revenue after further processsed Less: revenue at split off Additional revenue R $105000…

Benjamin Signal Company produces products R, J, C from a joint process. Each product may be sold at the split off point or be processed further. Joint production costs of $92,000 are allocated to the products based on the relative number of units produced. Data for the current year operations follow: Product Units Allocated Joint Sales Value at Produced Production Spit off Cost $ 32,000 $ 40,000 $ 20,000 $ 76,000 $ 71,000 $ 48,000 8,000 10,000 5,000 Product R can be processed beyond the split off point for an additional cost of $26,000 and can then be sold for $105,000. Product J can be processed beyond the split off point for an additional $38,000 and then sold for $117,000. Product C can be processed beyond the split off point for an additional $12,000 and then sold for $57,000. Required: Which products should be processed beyond the split off point? Show your calculations.

Benjamin Signal Company produces products R, J, C from a joint process. Each product may be sold at the split off point or be processed further. Joint production costs of $92,000 are allocated to the products based on the relative number of units produced. Data for the current year operations follow: Product Units Allocated Joint Sales Value at Produced Production Spit off Cost $ 32,000 $ 40,000 $ 20,000 $ 76,000 $ 71,000 $ 48,000 8,000 10,000 5,000 Product R can be processed beyond the split off point for an additional cost of $26,000 and can then be sold for $105,000. Product J can be processed beyond the split off point for an additional $38,000 and then sold for $117,000. Product C can be processed beyond the split off point for an additional $12,000 and then sold for $57,000. Required: Which products should be processed beyond the split off point? Show your calculations.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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