Wildhorse Inc. produces three separate products from a common process costing $100,500. Each of the...
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Wildhorse Inc. produces three separate products from a common process costing $100,500. Each of the products can be sold at the split-off point or can be processed further and then sold for a higher price. Shown below are cost and selling price data for a recent period Sales Value at Split-Off Point Cost to Process Further Sales Value after Further Processing $190.200 Product 10 $60,100 $100,300 Product 12 15.500 29.200 34,200 Product 14 54.100 151,000 214 800 a) Your answer is incorrect Determine total net income it all products are sold at the split off point Net income
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