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Description: Fruit Tree Nursery (FTN) grows peach and apple trees in containers for its customers...

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Accounting

Description: Fruit Tree Nursery (FTN) grows peach and apple trees in containers for its customers . This past year, FTN grew 3,000 peach trees and 7,000 apple trees at a cost of $100,000FTN can sell peach trees for $20 each and apple trees for $11 each Required : costs to each product using the physical quantities method , and calculate the profit or loss for each product Allocate joint costs to each product using the relative sales value method , and calculate the profit or loss for each product Assume peach trees can be processed further by allowing them to grow for another few months The additional processing cost is 4 per tree, and customers are willing to pay $23 for the larger trees. Should FTN process the peach trees further ? Explain

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