E7-8 Benson Inc. produces three separate products from a common process costing

E7-8
Benson Inc. produces three separate products from a common process
costing $100000. 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 ProcessingProduct 12 $50000 $100000 $190000 Product 14 10000 30000 35000 Product 16 60000 150000 220000a. Determine total net income if all products are sold at the split-off point.b. Determine total net income if all products are sold after further processing.c.
Using incremental analysis determine which products should be sold at
the split-off point and which should be processed further.d. Determine total net income using the results from the previous part of the question.