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Information about three joint products is as follows: Product A Product B Product C Anticipated...

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Accounting

Information about three joint products is as follows: Product A Product B Product C Anticipated production (in pounds) 10,000 2,000 4,000 Selling price per pound at split-off $10 $30 $16 Additional processing costs per pound after split-off (all variable) $6 $12 $24 Selling price per pound after further processing $20 $40 $50 Calculate the firms profit if all three products are processed beyond split-off point.(6 marks).

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