he Marshall Company has a joint production process that produces two joint products and a by-product. The joint products are Ying and Yang, and the by-product is Bit. Marshall accounts for the costs of its products using the net realizable value method. The two joint products are processed beyond the split-off point, incurring separable processing costs. There is a $1,300 disposal cost for the by-product. A summary of a recent months activity at Marshall is shown below: Ying Yang Bit Units sold 65,000 52,000 13,000 Units produced 65,000 52,000 13,000 Separable processing costsvariable $ 182,000 $ 55,000 $ Separable processing costsfixed $ 13,000 $ 10,000 $ Sales price $ 6.00 $ 12.50 $ 1.50 Total joint costs for Marshall in the recent month are $188,200, of which $80,926 is a variable cost. Required: 1. Calculate the manufacturing cost per unit for each of the three products. (Round manufacturing cost per unit answers to 2 decimal places.) 2. Calculate the total gross margin for each product.