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Exercise 20-11 Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and Sulu. Each 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 $180,100 to process one batch of the raw material that produces the three joint products. The following cost and sales information is available for one batch of each product. Spock Uhura Sulu Sales Value at Split-Off Point $209,600 300,500 454,900 Allocated Joint Costs $41,000 59,000 80,100 Cost to Process Further $110,700 85,500 249,300 Sales Value of Processed Product $299,400 400,100 800,900 Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Spock Uhura Sulu Incremental profit (loss)
Indicate whether each of the three joint products should be sold as is, or processed further. Spock Uhura Sulu Click if you would like to Show Work for this question: Open Show Work
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