A 1 Chapter 13: Applying Excel 2 3 Data 4 Exhibit 13-5 Santa Maria Wool Cooperative 5 Cost of wool 6 Cost of separation process 7 Sales value of intermediate products at split-off point: Undyed coarse wool 8 9 Undyed fine wool 10 Undyed superfine wool 11 Costs of further processing (dyeing) intermediate products: 12 Undyed coarse wool 13 14 15 16 17 18 19 20 Enter a formula into each of the cells marked with a ? below 21 Example: Joint Product Costs and the Contribution Approach 22 Undyed fine wool Undyed superfine wool Sales value of end products: Dyed coarse wool Dyed fine wool Dyed superfine wool 23 Analysis of the profitability of the overall operation: 24 Combined final sales value 25 Less costs of producing the end products: 26 Cost of wool 27 Cost of separation process 28 Combined costs of dyeing 29 Profit 30 31 Analysis of sell or process further: 32 33 34 Final sales value after further processing 35 Less sales value at the split-off point 36 Incremental revenue from further processing 37 Less cost of further processing (dyeing) 38 Financial advantage (disadvantage) of further processing B $228,000 $40,000 $132,000 $122,000 $52,000 $50,000 $60,000 $10,000 $164,000 $232,000 $86,000 $ 228,000 $40,000 $132,000 Coarse Wool C $ 482,000 400,000 $ 82,000 Fine Wool D Superfine Wool $164,000 $232,000 $86,000 $132,000 $122,000 $60,000 $40,000 $86,000 $26,000 $132,000 $60,000 $10,000 -$92,000 $26,000 $16,000 E
A 1 Chapter 13: Applying Excel 2 3 Data 4 Exhibit 13-5 Santa Maria Wool Cooperative 5 Cost of wool 6 Cost of separation process 7 Sales value of intermediate products at split-off point: Undyed coarse wool 8 9 Undyed fine wool 10 Undyed superfine wool 11 Costs of further processing (dyeing) intermediate products: 12 Undyed coarse wool 13 14 15 16 17 18 19 20 Enter a formula into each of the cells marked with a ? below 21 Example: Joint Product Costs and the Contribution Approach 22 Undyed fine wool Undyed superfine wool Sales value of end products: Dyed coarse wool Dyed fine wool Dyed superfine wool 23 Analysis of the profitability of the overall operation: 24 Combined final sales value 25 Less costs of producing the end products: 26 Cost of wool 27 Cost of separation process 28 Combined costs of dyeing 29 Profit 30 31 Analysis of sell or process further: 32 33 34 Final sales value after further processing 35 Less sales value at the split-off point 36 Incremental revenue from further processing 37 Less cost of further processing (dyeing) 38 Financial advantage (disadvantage) of further processing B $228,000 $40,000 $132,000 $122,000 $52,000 $50,000 $60,000 $10,000 $164,000 $232,000 $86,000 $ 228,000 $40,000 $132,000 Coarse Wool C $ 482,000 400,000 $ 82,000 Fine Wool D Superfine Wool $164,000 $232,000 $86,000 $132,000 $122,000 $60,000 $40,000 $86,000 $26,000 $132,000 $60,000 $10,000 -$92,000 $26,000 $16,000 E
Essentials Of Business Analytics
1st Edition
ISBN:9781285187273
Author:Camm, Jeff.
Publisher:Camm, Jeff.
Chapter11: Monte Carlo Simulation
Section: Chapter Questions
Problem 2P
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please fix my excel worksheet and answer this questions as well please as soon as possible:
In addition possibly answer this too if possible:
c-2. If your recommendation in part (c-1) is followed, what would be the company’s overall profit?
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