Im.

Product X547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X547 at the split-off point or to process X547 further into Xylene. The following data have been gathered: 1. Selling price of X547 2. Variable cost of processing X547 into Xylene. 3. The selling price of xy lene. 4. The joint cost of the process from which X-547 is produced. Which of the above items are relevant in a decision of whether to sell the X-547 as is or process it further into Xylene? 1. II, and III. t, and IIt. II, and III. 1,11,II, and TV