Processed further with additional costs

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Binge Company manufactures products S1 and S2 from a joint process. Product S1 has been allocated $5,000 of total joint costs of $25,000 for the 2,000 units produced. S1 can be sold at the splitoff point for $5 per unit, or it can be processed further with additional costs of $3,500 and sold for $8 per unit. If S1 is processed further and sold, the result would be:

Reference no: EM131259986

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