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 $1.400 disposal cost for the by product A summary of a recent month's activity at Marshall is shown below. Units sold Units produced Separable processing costs-variable Separable processing costs-fixed Sales price Ving 70,000 70,000 $196,000 $ 14,000 $ 6.00 Yang 56,000 56,000 $ 53,000 $7,000 $12.50 Bit 14,000 14.00 $ $ $1.50 Total Joint costs for Marshall in the recent month are $199,600), of which $85.828 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 Ying Yang Bit Manufacturing cost per unit Total gross margin