XYZ Corporation incurs joint processing costs for Product A and Product B. XYZ can either sell Product A and B at the split-off point or process each further. Information about Product A and B follows. Product A Product B Units produced 50,000 40,000 Selling price per unit at split-off $15 $18 Selling price per unit after additional processing $22 $28 Separable variable processing costs beyond split-off $400,000 $300,000 What should XYZ Corp. do with regard to Product A? a. Process beyond split-off b. Sell at the split-off What should XYZ Corp do with regard to Product B? a. Process beyond split-off b. Sell at the split-off

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.