If by-product revenue is treated as other revenue instead of deducted from the net-realizable-value of the main products:

a)overall gross margin of the company will be higher.

b)overall gross margin of the company will be lower.

c)the answer would depend on how joint product costs were allocated.

d)there is no difference in the overall gross margin of the company. Which of the following is not a step needed to maximize the profits from joint products?

	a)Forecasting the sales price of each final product.
	b)Identifying alternative sets and quantities of final products possible from the joint process.
	c)Determining how to allocate joint costs to the final products.
	d)Estimating the costs required to further process joint products into salable products.