Asseco Poland S.A. uses a joint process to produce products M, N, O, and P. Each product may be sold at its split-off point or processed further. Joint processing costs for a single batch of joint products are $65,000. Other relevant data are as follows:

Product	Sales Value At Split-Off	Additional Costs of Processing	Sales Value of Final Product
M	$22,000	$28,000	$58,000
N	34,000	25,000	59,000
O	26,000	20,000	50,000
P	15,000	12,000	30,000

Requirements:

1. Determine the effect on profits of processing Product M further beyond the split-off point.
2. Calculate the profitability of processing Product N beyond the split-off point.
3. Allocate joint costs to each product using the net realizable value method.
4. Prepare a production cost report for Asseco Poland S.A.