Product X547 is one of the joint products in a joint manufacturing process. Management is considering whether to sell X547 at the split-off point or to process X547 further into Xylene. The following data have been gathered: 1. Selling price of X547 II. Variable cost of processing X547 into Xylene. III. The avoidable fixed costs of processing X547 into Xy lene. IV. The selling price of Xylene. V. The joint cost of the process from which X547 is produced. Which of the above items are relevant in a decision of whether to sell the X 547 as is or process it further into Xylene? II, III, and V. I, II, III, and IV. I, II, III, and V. I, II, and III. I. II, and IV