KGHM Polska Mied S.A. uses a joint process to produce products KKKK, LLLL, MMMM, and NNNN. Each product may be sold at its split-off point

KGHM Polska Miedź S.A. uses a joint process to produce products KKKK, LLLL, MMMM, and NNNN. Each product may be sold at its split-off point or processed further. Joint processing costs for a single batch of joint products are $260,000. Other relevant data are as follows:

Product	Sales Value At Split-Off	Additional Costs of Processing	Sales Value of Final Product
KKKK	$40,000	$44,000	$90,000
LLLL	54,000	38,000	82,000
MMMM	46,000	41,000	84,000
NNNN	34,000	32,000	60,000

Requirements:

1. Analyze the profitability of processing Product KKKK further beyond the split-off point.
2. Calculate the incremental profit from processing Product LLLL.
3. Allocate joint costs using the sales value at split-off method.
4. Prepare a segment reporting statement for KGHM Polska Miedź S.A.