Bismite Corporation purchases trees from Cheney lumber and processes them up to the split-off point where two products (paper and pencil casings) emerge. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of October: Trees processed: Production: 260 trees paper pencil casings paper 190,000 sheets 190,000 181,000 at $0.10 per page 188,500 at $0.14 per casing Sales: pencil casings The cost of purchasing 250 trees and processing them up to the split-off point to yield 190,000 sheets of paper and 190,000 pencil casings is $16,000. Bismite's accounting department reported no beginning inventory. OA. $0.037 B. $0.052 OC. $0.049 D. $0.035