The Marshall Company has a joint production process that produces two joint products and a by-product. The joint products are Ying and Yang, and the by-product is Bit. Marshall accounts for the costs of its products using the net realizable value method. The two joint products are processed beyond the split-off point, incurring separable processing costs. There is a $700 disposal cost for the by-product. A summary of a recent months activity at Marshall is shown below:

Ying	Yang	Bit
Units sold	35,000	28,000	7,000
Units produced	35,000	28,000	7,000
Separable processing costsvariable	$ 98,000	$ 30,000	$
Separable processing costsfixed	$ 7,000	$ 5,000	$
Sales price	$ 6.00	$ 12.50	$ 1.50

Total joint costs for Marshall in the recent month are $129,800, of which $55,814 is a variable cost.

Required:

1. Calculate the manufacturing cost per unit for each of the three products. (Round manufacturing cost per unit answers to 2 decimal places.) 2. Calculate the total gross margin for each product.

PLEASE DO NOT ATTEMPT IF YOU DO NOT KNOW HOW TO DO IT. THIS IS MY SECOND TIME POSTING THIS QUESTION.

****THE MANUFACTURING COST PER UNIT FOR YING IS $3.85.****