What would be the effect on the overall profit

Assignment Help Financial Accounting
Reference no: EM13792341

Two products, IF and RI, emerge from a joint process. Product IF has been allocated $33,300 of the total joint costs of $54,000. A total of 2,800 units of product IF are produced from the joint process. Product IF can be sold at the split-off point for $10 per unit, or it can be processed further for an additional total cost of $10,800 and then sold for $12 per unit. If product IF is processed further and sold, what would be the effect on the overall profit of the company compared with sale in its unprocessed form directly after the split-off point?

A) $41,700 less profit

B) $5,200 less profit

C) $22,800 more profit

D) $28,100 more profit

Reference no: EM13792341

Questions Cloud

Determine the unit sales to attain that target profit : Assume the company’s monthly target profit is $69,000. Determine the unit sales to attain that target profit. Assume the company's monthly target profit is $41,400. Determine the dollar sales to attain that target profit.
Describing organizational behavior : Given that an organization is reliant on employees to achieve its mission and objectives, there would appear to be value in organizational transparency.
According to the predetermined overhead rate : Cavy Company estimates that total factory overhead costs will be $660,000 for the year. Direct labor hours are estimated to be 100,000. Determine (a) the predetermined factory overhead rate, (b) the amount of factory overhead applied to Job 345 if th..
Write essay about evaluating effectiveness of advertisement : Write an essay about Evaluating the effectiveness of an Advertisement.
What would be the effect on the overall profit : Two products, IF and RI, emerge from a joint process. Product IF has been allocated $33,300 of the total joint costs of $54,000. A total of 2,800 units of product IF are produced from the joint process. Product IF can be sold at the split-off point f..
Suppose the selling price of the upgraded computers : Tawstir Corporation has 400 obsolete personal computers that are carried in inventory at a total cost of $576,000. If these computers are upgraded at a total cost of $130,000, they can be sold for a total of $190,000. As an alternative, the computers..
Create a guide to leveraging expatriates : Create a guide to leveraging expatriates. The guide should include four to six sources that address benefits and challenges of sending expatriates to other countries.
Assignment on annotated bibliography : Annotated Bibliography
Life cycle of employee : Life Cycle of Employee

Reviews

Write a Review

Financial Accounting Questions & Answers

  Economic concept of business income

Explain the main difference between the economic concept of business income as reflected by Lopez's management and the measurement of income under generally accepted accounting principles.

  What would be the sales budget for march of fantastic futons

Finished goods inventory at the end of 2013 was 10,000 units. On average, 25% of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150 per unit. What would be th..

  Explain how will a partner distributive share

Explain how will a partner's distributive share be find out if the partner sells one half of his or hers beginning of the year partnership interest at the beginning of the tenth month of the partnership's tax year?

  How to do issuance of stock

Jackson Corporation has common stock with a par value of $1 per share.

  Compute general mills accounts receivable turnover ratio

compute general mills accounts receivable turnover ratio and average collection period.the 2004 annual report of

  System requires an initial investment in net working capital

Kolby’s Korndogs is looking at a new sausage system with an installed cost of $910,000. This cost will be depreciated straight-line to zero over the project’s seven-year life, at the end of which the sausage system can be scrapped for $105,000.

  What is the amt adjustment

How much can Benjamin deduct in 2012 - What is the AMT adjustment that results from Chervaughn exercising the ISO

  Benefit-cost analysis

Benefit-cost analysis

  Determine whether such costs should appear

Determine whether such costs should appear as charges in the income statement for the current period.

  What are earnings per share amount that porter should report

What are earnings per share amounts that Porter should report in its current year consolidated income statement? (Round your answers to 2 decimal places. Omit the "$" sign in your response.)

  What would oswego record on june

What would Oswego record on June 10, assuming the customer made the correct payment on that date

  Prepare journal entry to record the purchase of equipment

On January 1, 2011, Galaxy Sun Industries acquired a new piece of machinery and a used truck from Acme Equipment Company. Galaxy Sun negotiated a price of $125,000 for both items. The fair market value of the equipment was $120,000, and the fair mark..

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