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Compute the incremental profit for each product

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Question - Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $93,000 per quarter. The company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows:

Product

Selling Price

Quarterly Output

A

$ 5 per pound

11,000 pounds

B

$ 6 per pound

16,000 pounds

C

$ 10 per gallon

4,000 gallons

Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing coasts (per quarter) and unit selling prices after further processing are given below:

Product

Additional Processing Costs

Selling Price

A

$43,000

$ 7 per pound

B

$40,000

$10 per pound

C

$17,500

$21 per gallon

Required: Compute the incremental profit (loss) for each product.

Reference no: EM131734196

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