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3. The Multiple Materials Co. produces products A, B, and C from a joint process. The joint costs for 2019 were $72,000. All three products
3. The Multiple Materials Co. produces products A, B, and C from a joint process. The joint costs for 2019 were $72,000. All three products can be processed further and the pertinent information follows: Item Units Produced Sales Value Sales Value if Added Cost to At Split Off Processed further Process Further A 6,000 $25,000 $42,000 $8,000 B 4,000 41,000 45,000 7,000 C 2,000 24,000 32,000 10,000 a) To maximize profits, which product(s) should be processed further? b) If C is to be processed further, what should its final price be to break-even
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