the following questions using the information below: "Y" Manufacturing purchases trees from "X" Lumber and processes them up to the splitoff point where two products (paper and pencil casings) are obtained. The products are then sold to an independent company that markets and distributes them to retail outlets. The following information was collected for the month of November: Trees processed: 100 trees (yield is 60,000 sheets of paper and 60,000 pencil casings Joint costs Production: and no scrap) $10,000 paper 60,000 sheets pencil casings 60,000 Sales: paper 58,000 at $0.06 per page pencil casings 60,000 at $0.10 per casing The cost of purchasing 100 trees and processing them up to the splitoff point to yield 70,000 sheets of paper and 70,000 pencil casings is $10,000 (joint costs). Y's accounting department reported no beginning inventories and an ending inventory of 2,000 sheets of paper What is the sales value at the splitoff point for paper and the pencil casing? A $2,400 and $6.000 $3,480 and 6,000 C $2,800 and 7,000