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Question - Shamrock, Inc. produces three separate products from a common process costing $100,100. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. The cost and selling price data for a recent period are as follows:
Sales Value at Split-Off Point
Cost to Process Further
Sales Value after Further Processing
Product 12
$50,900
$100,100
$189,800
Product 14
10,400
30,800
34,600
Product 16
59,100
149,100
219,000
Required -
1. Determine the total net income if all products are sold at the split-off point.
2. Determine the total net income if all products are sold after further processing.
3. Using incremental analysis, determine which products should be sold at the split-off point and which should be processed further.
4. Determine the total net income using the results from the previous part of the question.
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