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Ottawa Corporation produces two products from a joint process. Information about the two joint products follows: Product X Product Y Anticipated production 2,000 lbs 4,000

Ottawa Corporation produces two products from a joint process. Information about the two joint products follows:

Product X

Product Y

Anticipated production

2,000 lbs

4,000 lbs

Selling price per lb. at split-off

P30

P16

Additional processing costs/lb after split-off (all variable)

P15

P30

Selling price/lb after further processing

P40

P50

The cost of the joint process is P85,000.

Ottawa currently sells both products at the split-off point. If Ottawa makes decisions which maximizes profit, Ottawas profit will increase by

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