Honey Bees produces pure honey and distributes it in $8oz$ bottles. While harvesting and packaging the honey, pollen is collected and sold to another distributor that uses it to make Bee Bread. The honey is sold for $$7$ per bottle, and the pollen is sold for $$1\mathrm{.}50$ per pound. Honey Bees produced $20,000lbs$ of honey and $2,000lbs$ of pollen.

Instructions

a$.$ Assuming Honey Bees uses the production method to account for by$-$products, record the journal entry to record the sale of the pollen.

b$.$ Assuming Honey Bees uses the sales method to account for by$-$products, record the journal entry to record the sale of the pollen.

c$.$ Explain how the by$-$product benefits the company's income in each of the above methods.