Delite Confectionary Company produces various types of candies. Several candies could be sold at the split-off point or processed further and sold in a different form after further processing. The candies are produced in a joint processing operation with $510,000 of joint processing costs monthly, which are allocated based on pounds produced. Information concerning this process for a recent month appears below:

Candy type	Number of pounds	Price per pound at split-off			Further processing costs			Price after processing further
Sweet Meats	51,000	$	9		$	132,000		$	12.00
Chocolate Delight	101,000	$	12		$	31,000		$	12.60
Minty Wonders	26,000	$	6		$	21,000		$	6.40

If Chocolate Delight is processed further, the gross profit margin that will appear in a product line income statement for Chocolate Delight (rounded to the nearest whole dollar) would be:

Multiple Choice

• $1,241,600.

• $952,218.

• $850,029.

• $531,000.