Q3: Rainy Day Company manufactures two joint products. At the split-off point, they have sales...

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Accounting

Q3: Rainy Day Company manufactures two joint products. At the split-off point, they have sales values of $31 for Product 1 and $26 for Product 2.
After further processing, the company can sell Product 1 for $45 and Product 2 for $37. Product 1 costs $17 per unit to process further and Product 2 costs $36 to process further. Should further processing be done on either or both of these products?
\table[[,Product 1,Product 2],[,Sell as is,rocess furthei,Sell as is,rocess further],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[Decision:,,,,]]
Q4: PHI Today is looking to invest in a nev office copier costing $3500 with an estimated useful life of 5 years and salvage value of $1,000. The copier is expected to have annual cash inflows of $6125, cash outflow s of $4375 and a 28% income tax rate. Calculate the expected after-tax annual net income and after-tax annual net cash floy (round all numbers to nearest dollar).
Net Income
Net Cash Flov
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