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McKnight Petroleum has spent $207,000 to refine 60,000 gallons of petroleum distillate, which can be sold for $6.00 per gallon. Alternatively, McKnight can process the

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McKnight Petroleum has spent $207,000 to refine 60,000 gallons of petroleum distillate, which can be sold for $6.00 per gallon. Alternatively, McKnight can process the distillate further and produce 53,000 gallons of cleaner fluid. The additional processing will cost $1.90 per gallon of distillate. The cleaner fluid can be sold for $9.00 per gallon. To sell cleaner fluid, McKnight must pay a sales commission of $0.10 per gallon and a transportation charge of $0.17 per gallon. Read the requirements Requirement 1. Fill in the diagram for McKnight's alternatives. Revenues from seling as is Joint costs of producing 60,000 gallons of petroleum distilate Cost of processing further Revenues from processing further Emer any number in the edit fields and then continue to the next

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