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  3. q.3 marvel, inc. produces three separate products

Q.3 Marvel, Inc. produces three separate products from a common process costing $100,000....

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Accounting

Q.3 Marvel, Inc. produces three separate products from a common process costing
$100,000. 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.
Required >
Determine total net income if all products are sold at the split-off point.
Determine total net income if all products are sold after further processing.
Using incremental analysis, determine which products should be sold at the split-off
point and which should be processed further.
Determine total net income using the results from 3 and explain why the net income is
different from that determined in 2.
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