Gavin West is a commercial fisherman, and he has just returned from a trip off the coast of Maine. He has calculated the cost of his catch as follows:

Wages of deckhands	$30,700
Gavins wage	17,100
Food, medical supplies, etc.	7,000
Depreciation of netting and other equipment	5,500
Depreciation of boat	13,700
Fuel	17,600
Total	$91,600

Gavins nets yielded a catch of 15,400 pounds of salmon, 23,870 pounds of halibut, and 37,730 pounds of flounder. Salmon sells for $8 per pound, halibut for $6 per pound, and flounder for $4 per pound.

	Your answer is correct.

Allocate joint costs based on weight. With these costs, what is the profit associated with each type of fish?

Profit
Salmon	$104880
Halibut	$114824
Flounder	$106036

Allocate joint costs based on relative sales values. With these costs, what is the profit associated with each type of fish?(Round relative sales value proportion percent to 3 decimal places eg.32.954% and final answers to 0 decimal place e.g. 125.)

Profit
Salmon	$
Halibut	$
Flounder	$

Gavin is considering turning the flounder into fish paste. The incremental cost of this operation is $10,100. Each pound of flounder yields one-half pound of paste, and the paste sells for $8 per pound. Will Gavin be better off selling the flounder or turning it into paste?

Net incrementalbenefitcostof converting the flounder into fish paste is ?????$. Gavin will be better offselling the flounderturning it into paste.