Q5 3 Points Castel Faber Inc. purchases lumber and uses it to manufacture paper and pencils. The following information was collected for 2019: Lumber processed 290 tons Production Paper 180,000 sheets Pencil 180,000 units Sales Paper 168,000 sheets, each for $0.20 Pencil 178,000 units, each for $0.25 The company had no beginning inventory in 2019. The cost of purchasing 290 tons of lumber and processing it up to the split-off point is $12,000 and Castel Faber uses sales value at split- off method.