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 $500,000 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 Mats	50,000	$	8		$	75,000		$	10.00
Chocolate Delight	100,000	$	10		$	30,000		$	10.50
Minty Wonders	25,000	$	5		$	20,000		$	5.50

If Chocolate Delight is processed further, the gross profit margin that will appear in a product line income statement for Chocolate Delight would be:

$520,000.

$734,286.

$1,020,000.

$632,596.