Sheridan Minerals processes materials extracted from mines. The inost common raw material that it processes rends in the join products Spock Utora and Sulu Cach of these products can be sold as is, or each can be processed further and sold for a higher price The company incurs joint costs of $179.900 to process one batch of the rawi erial that produces the three joint products. The dow information product Soock Uhurs Sales Val Split Off Point 1210500 300.300 455.700 Ubura precling the number og -45 or purcha Allocated Jol Costs $40300 54.900 79,700 S Textbok and Media Spock Cost to Process $109400 64400 250,100 Sales Value of Processed Product $300-400 399.200 800.000 indicate whether each of the three joint products should be sild anis, or processed further Uhure Sulu Attempts 0 of 3 d

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter7: Allocating Costs Of Support Departments And Joint Products
Section: Chapter Questions
Problem 10CE: A company manufactures three products, L-Ten, Triol, and Pioze, from a joint process. Each...
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Sheridan Minerals processes materials extracted from mines. The most common raw material that it processes results in there on
productic Spock Uhura and Sulu Each of these products can be sold ais, or each can be processed further and sold for a higher price
The company incurs joint costs of $179.900 to process one biatch of the raw material that produces the three joint products. The
following cost and sales information is available for one hatch of each product
Spock
Uhurs
Sales Value at
Split-Off Point
Spock
1210.500
300.300
455.700
Uburk
Determine the incremental prut or lots that each of the threejint products (Enter neutive munts using either a niven
preceding the number e 45 or parenthee (45)
midanin
Allocated
Jolst
140300
59.900
79,700
S
Textbook and Media
Cost to Process
Further
$109.400
64.400
250,100
Spock
indicate whether each of the three point products should be sold in is, or processed further
Sales Value of
Processed Product
$300 400
399.700
800.000
Uhurs
Sulu
Attempt of d
Transcribed Image Text:Sheridan Minerals processes materials extracted from mines. The most common raw material that it processes results in there on productic Spock Uhura and Sulu Each of these products can be sold ais, or each can be processed further and sold for a higher price The company incurs joint costs of $179.900 to process one biatch of the raw material that produces the three joint products. The following cost and sales information is available for one hatch of each product Spock Uhurs Sales Value at Split-Off Point Spock 1210.500 300.300 455.700 Uburk Determine the incremental prut or lots that each of the threejint products (Enter neutive munts using either a niven preceding the number e 45 or parenthee (45) midanin Allocated Jolst 140300 59.900 79,700 S Textbook and Media Cost to Process Further $109.400 64.400 250,100 Spock indicate whether each of the three point products should be sold in is, or processed further Sales Value of Processed Product $300 400 399.700 800.000 Uhurs Sulu Attempt of d
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