Q$.3$ Marvel, Inc. produces three separate products from a common process costing

$$100,000.$ Each of the products can be sold at the split$-$off point or can be processed further

and then sold for a higher price. Shown below are cost and selling price data for a recent

period.

$$ Required $>$

Determine total net income if all products are sold at the split$-$off point.

Determine total net income if all products are sold after further processing.

Using incremental analysis, determine which products should be sold at the split$-$off

point and which should be processed further.

Determine total net income using the results from $3$ and explain why the net income is

different from that determined in $2.$