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Figure 6-11
Information About Three Joint Products Follows The Cost of the Joint Process Is £140,000

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Figure 6-11
Information about three joint products follows: XYZ Anticipated production 12,000kgs.8,000kgs.7,000kgs. Selling price /kg. at split-off £16£26£48 Additional processing costs /kg. after split-off (all variable)  £8£20£20 Selling price /kg. after further  processing £20£40£70\begin{array}{lccc}&\text {X}&\text {Y}&\text {Z}\\\text { Anticipated production } & 12,000 \mathrm{kgs} . & 8,000 \mathrm{kgs} . & 7,000 \mathrm{kgs} . \\\text { Selling price } / \mathrm{kg} . \text { at split-off }& £ 16 & £ 26 & £ 48 \\\text { Additional processing costs } / \mathrm{kg} .\\\text { after split-off (all variable) } & £ 8 & £ 20 & £ 20\\\text { Selling price } / \mathrm{kg} . \text { after further } \\\text { processing }&£20&£40&£70 \\\end{array}
The cost of the joint process is £140,000.
-Refer to Figure 6-11. Assuming all of the sell now or process further decisions were correctly made, what will be the firm's income?


Definitions:

Hematocrit

The ratio of the volume of red blood cells to the total volume of blood, expressed as a percentage, used to diagnose and treat various conditions.

Red Blood Cells

Biconcave, disc-shaped cells without nuclei, present in the blood, whose principal function is to transport oxygen from the lungs to body tissues.

Blood

A vital fluid in the body that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away from those same cells.

Coagulates

The process by which a fluid, especially blood, changes to a solid or semi-solid state, often to stop bleeding.

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