outlets. The following information was collected for the month of October: The cost of purchasing 290 trees and processing them up to the split - off point to yield 190,000 sheets of paper and 190,000 pencil casings is $13,500. Bismite's accounting department reported no beginning inventory. If the sales value at split - off method is used, what is the approximate production cost for each pencil casing? (Round intermediary percentages to the nearest hundredth.) A. $0.043 B. $0.030