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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

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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 $1,500 disposal cost for the by-product. A summary of a recent month's activity at Marshall is shown below Bit Ying 75,000 75,000 ang 60,00015,080 60,00015,000 Units sold Units produced Separable processing costs-variable Separable processing costs-fixed Sales price $210,000 65,000 $ $ 15,000$ 10,0ee 6.0012.50$ 1.50 Total joint costs for Marshallin the recent month are $211000. of which $90730 is a variable cost Required: 1. Caiculate 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

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