S Company produces 3 joint products XYZ from one input.The products can be sold at the split-off point or processed further.The joint production cost for the month, allocated among the products based on the relative physical volume of output are as follows:

Materials150,000

Labor30,000

Factory overhead20,000

Total joint cost200,000

Additional information about the three products are given in the following:

Unit Sales Price

ProductsProduction in unitsAt split offIf processed furtherAdditional Processing Cost

X5,0008010015

Y3,000456020

Z2,000607510

How much is the total gross profit if the company took the most profitable action with respect to the three products?