Johns Company manufactures products R, S, and T from a joint process. The following information is available: Product R S T Total Units produced 12,000 ? ? 24,000 Sales value at split-off ? ? $ 50,000 $ 200,000 Joint costs $ 48,000 ? ? $ 120,000 Sales value if processed further $ 110,000 $ 90,000 $ 60,000 $ 260,000 Additional costs if processed further $ 18,000 $ 14,000 $ 10,000 $ 42,000 Assuming that joint product costs are allocated using the relative-sales-value at split-off approach, what was the sales value at split-off for products R and S? Product R Product S A) $ 55,000 $ 75,000 B) $ 63,000 $ 81,000 C) $ 80,000 $ 70,000 D) $ 91,000 $ 83,000 E) $ 101,000 $ 92,000

Profits from using currency options and futures. on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda. com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2