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The 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 $1,000 disposal cost for the by-product. A summary of a recent months activity at Marshall is shown below:

	Ying				Yang				Bit
Units sold		50,000				40,000				10,000
Units produced		50,000				40,000				10,000
Separable processing costsvariable	$	140,000			$	42,000			$
Separable processing costsfixed	$	10,000			$	8,000			$
Sales price	$	6.00			$	12.50			$	1.60

Total joint costs for Marshall in the recent month are $265,000, of which $115,000 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.