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Corporation manufactures three products from a joint process. The three products are in Industrial grade form at the split- off point. They can either be

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Corporation manufactures three products from a joint process. The three products are in Industrial grade form at the split- off point. They can either be sold at that point or processed further into premium grade. Costs related to each batch of this process is as follows: Product 3 $5 Product 1 Sales Price at split-off point $16 Allocated joint costs $6,000 Sales Price after further processing $20 Cost of further processing $6,180 Product Quantity 1,000 lb. Product 2 $12 $6,000 $18 $1,810 1,000 lb. $6,000 $14 $3,210 1.000 lb Q) What would be the additional amount or pronte Morp, would gain from further processing the product(s) that is/are more profitable to process further rather than be sold at the spinoff point? A) $

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