Dummie Corporation Has a Joint Process That Produces Three Products

question 107

Multiple Choice

Dummie Corporation has a joint process that produces three products: P,G and A.Each product may be sold at split-off or processed further and then sold.Joint-processing costs for a year amount to $25,000.The production level for each product is 1,000 units.Other data follows: Assume Dummie Corporation processes the joint products beyond the split-off point that will maximize net income.What is Dummie Corporation's net income?

• A)$7,000
• B)$15,000
• C)$30,000
• D)$32,000

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