Assume a company has three products$$A$,$ B$,$ and C$$that emerge from a joint process. The joint processing costs that are incurred up to the split$-$off point equal $$1,240,000.$ The selling prices and outputs for each product at the split$-$off point are as follows:

Product Selling Price Output

A $ $33$ per pound $14,000$ pounds

B $ $29$ per pound $18,000$ pounds

C $ $24$ per pound $19,000$ pounds

Each product can be processed further beyond the split$-$off point. The additional processing costs for each product and their respective selling prices after further processing are as follows:

Product Additional Processing Costs Selling Price

A $ $65,000$ $ $37$ per pound

B $ $72,000$ $ $34$ per pound

C $ $88,000$ $ $30$ per pound

The company is trying to decide whether to retain or discontinue the entire joint manufacturing process. What is the financial advantage $($disadvantage$)$ of continuing to operate the entire joint manufacturing process?