Stahl inc produces three separate products from a common

Assignment Help Accounting Basics
Reference no: EM13579687

Stahl Inc. produces three separate products from a common process costing $100,433. 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

Sales Value after
Further Processing

Product 10

$60,589


$100,744


$190,351

Product 12

15,156


29,536


34,058

Product 14

55,901


149,816


215,027

Determine total net income if all products are sold at the split-off point.

Net income
$pixel.gif

Reference no: EM13579687

Questions Cloud

If a student scored 75 in his exam while the class mean is : if a student scored 7.5 in his exam while the class mean is 8.7 and the standard deviation is 1.1 how much percent of
Is judy right about eliminating the huron division prepare : on january 2 2013 benson hospital purchased a 105164 special radiology scanner from picard inc. the scanner had a
It is estimated that 10 percent of those taking the : it is estimated that 10 percent of those taking the quantitative methods portion of the cpa examination fail that
Winslow company expects sales of its financial calculators : winslow company expects sales of its financial calculators to be 213000 in the first quarter and 230000 in the second
Stahl inc produces three separate products from a common : stahl inc. produces three separate products from a common process costing 100433. each of the products can be sold at
Getty company expects sales for the first three months of : getty company expects sales for the first three months of next year to be 210000 260000 and 285000 respectively. getty
Machinery is purchased on july 1 of the current fiscal year : machinery is purchased on july 1 of the current fiscal year for 240000. it is expected to have a useful life of 4 years
Prepare the incremental analysis for the decision to make : schopp inc. has been manufacturing its own shades for its table lamps. the company is currently operating at 100 of
This income statement reflects sales of 100000 mice direct : this income statement reflects sales of 100000 mice. direct materials cost 5.00 per mouse direct labor was 1.00 per

Reviews

Write a Review

Accounting Basics Questions & Answers

  Adjusting entries when the accounts of constantine inc are

adjusting entries when the accounts of constantine inc. are examined the adjusting data listed below are uncovered on

  Evalute the performance of canadian subsidiary

Critically evalute the performance of Canadian Subsidiary if the following data summarizes. Net investment is calculated as total assets less allsubsidiary

  What types of structural and functional changes

Write an essay (only one page)discussing Gregoire's views. What types of structural and functional changes in organizations may be necessary to help Gregoire overcome histraditional view?

  Which category completely excludes equity securities

Which category completely excludes equity securities?

  Implications of practice-legal-ethical ramifications

Research this situation on the internet or through the university library. Write a 400-word paper describing the situation and the implications of the practice including any legal or ethical ramifications.

  What is the amount of total assets

Fuqua Company had total assets of $800,000 and total liabilities of $500,000 - What is the amount of total assets at the end of the year?

  Average cost as the performance measure

Why would the manager of plant A be unhappy with using the average cost as the performance measure?

  What types of costs may be incurred

Johnstone Company acquires the land and building owned by Briggs Company. What types of costs may be incurred to make the asset ready for its intended use if Johnstone Company wants to use only the land?

  What is the present value of these payments

PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years.

  Income statement of a proprietorship

The income statement of a proprietorship for the month of December indicates a net income of $75,000. During the same period, the owner withdrew $100,000 in cash from the business for personal use.

  An alternative available when the seller is exposed to

an alternative available when the seller is exposed to continued risks of ownership through return of the product

  Sissie owns two items of business equipment they were both

sissie owns two items of business equipment.. they were both prchased in 2009 for 100000 both have a seven-year

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd