Mitchener Corp. manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $300,000 per year. The company allocates these costs to the joint products on the basis of their total sales value at the split-off point.

Each product may be sold at the split-off point or processed further. The additional processing costs and sales value after further processing for each product (on an annual basis) are:

	Product	Sales Value at Split-Off	Further Processing Costs	Sales Value After Further Processing
	M	$200,000	$ 85,000	$300,000
	N	155,000	110,000	285,000
	P	325,000	65,000	370,000

The "Further Processing Costs" consist of variable and avoidable fixed costs. INSTRUCTIONS Determine which product or products should be sold at the split-off point, and which product or products should be processed further? When complete, answer each of the following by selecting the correct match from the list provided.

-	What is the incremental revenue for Product M?
- .	What is the incremental income (loss) for Product M?
- .	What is the incremental revenue for Product N?
-	What is the incremental income (loss) for Product N?
- .	What is the incremental revenue for Product P?
-	What is the incremental income (loss) for Product P?
.	Which of the product or products, should be processed further?

A.	$(20,000)
B.	$15,000
C.	$45,000
D.	$130,000
E.	$100,000
F.	$20,000
G.	M and N