Reference no: EM132479824
Question 1 - Guster Chemical Company (GCC) manufactures two products as part of a joint process: X1 and Y1. Joint costs up to the split-off point total $23,000. The joint costs are allocated to X1 and Y1 in proportion to their relative sales values. At the split-off point, product X1 can be sold for $32,100, whereas product Y1 can be sold for $74,900. Product X1 can be processed further to make product X2, at an incremental cost of $39,000. X2 can be sold for $86,000. Product Y1 can be processed further to make product Y2, at an incremental cost of $49,000. Y2 can be sold for $96,000.
Required - Calculate the net change in operating income resulting from a decision to manufacture product X2?
Question 2 - Guster Chemical Company (GCC) manufactures two products as part of a joint process: X1 and Y1. Joint costs up to the split-off point total $23,000. The joint costs are allocated to X1 and Y1 in proportion to their relative sales values. At the split-off point, product X1 can be sold for $32,100, whereas product Y1 can be sold for $74,900. Product X1 can be processed further to make product X2, at an incremental cost of $39,000. X2 can be sold for $86,000. Product Y1 can be processed further to make product Y2, at an incremental cost of $49,000. Y2 can be sold for $96,000.
Required - Calculate the net change in operating income resulting from a decision to manufacture product Y2?
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