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octoring Enabled: Final Exam Fall 2022 i Saved ECJCSP543 Corporation manufactures three products from a joint process. The three products are in industrial grade form

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octoring Enabled: Final Exam Fall 2022 i Saved ECJCSP543 Corporation manufactures three products from a joint process. The three products are in industrial grade form at the split- 18 off point. They can either be sold at that point or processed further into premium grade. Costs related to each batch of this process is as follows: Product 1 Product 2 Product 3 Sales Price at split-off point $16 $12 $5 00:20:21 Allocated joint costs $6,000 $6,000 $6,000 Sales Price after further processing $20 $18 $14 Cost of further processing $6,870 $2,580 $1,380 Product Quantity 1,000 lb. 1,000 lb. 1,000 1b. (ID#92246) (Baruch College Exam - No assistance allowed.) Q. What would be the additional amount of profit that ECJCSP543 Corp. would gain from further processing the product(s) that is/are more profitable to process further rather than be sold at the split-off point? A $

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