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Crane Inc. produces three separate products from a common process costing $ 100,800. 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 Product 10 $ 59,500 $ 100,400 $191,000 Product 12 15,600 30,000 34,400 Product 14 55,600 150,400 215,300 Your answer is correct. Determine total net income if all products are sold at the split-off point. Net income $ 29900 Your answer is correct. Determine total net income if all products are sold after further processing. Net income $ 59400 Your answer is correct. Your answer is correct. Calculate incremental profit/(loss) and determine which products should be sold at the split-off point and which should be processed further. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Product Incremental profit (loss) Decision Product 10 $ 31100 Should be processed further Product 12 $ - 11200 Should be sold at the split-off point Product 14 $ 9300 Should be processed further * Your answer is incorrect. Determine total net income using the results from previous part. Net income $ 29200 Is the net income different from that determined in part (b)? net income is by $

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