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Use the information below to answer the following question(s) .Cranbrook Chemical Ltd.manufactures two industrial compounds.In the month of May, 15,000 litres of direct material costing $160,000 were processed at a cost of $400,000.The joint process yielded 16,000 containers of a compound known as Jarlon and 4,000 containers of a compound known as Kharton.The respective selling prices of Jarlon and Kharton are $38 and $58.Both products may be processed further.Jarlon may be processed into Jaxton at an incremental cost of $8 per jar of the final product while Kharton may be processed into Kraxton at an additional cost of $32 per jar of the final product.The volume of jars of the final product are: 12,000 and 3,000 for Jaxton and Kraxton respectively.The selling price of Jaxton is $48 per jar.The selling price of Kraxton is $102 per jar.
-The incremental benefit or (loss) of processing Jarlon into Jaxton is
Expected Profit
The forecasted amount of profit calculated from potential revenues minus anticipated costs.
Standard Deviation
A statistical measure that quantifies the dispersion or variation of a set of numerical values.
Fish Tacos
A type of dish often consisting of grilled or fried fish, served on a tortilla with various accompaniments like lettuce, salsa, and avocado.
Postponement
A strategy in supply chain management where the finalization of the product or shipment is delayed until the last possible moment to better match demand.
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