Thompson Industrial Products Inc. {Tl PE] is a diversied industrial-cleaner processing company. The company's Da rgan plant produces two products: a table cleaner and a floor cleaner from a comm on set of chemical inputs {CDG}. Each week, 913,500 ounces of chemical input are processed at a cost of $210,600 into 609,000 ounces of oor cleaner and 304,500 ounces of table cleaner. The floor cleaner has no market value until it is converted into a polish with the trade name FloorShine. The additional processing costs for this conversion amount to $253,200. FloorShine sells at $22 per 30-ounce bottle. The ta hie cleaner can he sold for $20 per 25ounce bottle. However, me table cleaner can be converted into two other products by adding 304,500 ounces of another compound IFI'CP] to the 304.5 00 ounces of table cleaner. This joint process will yield 304,500 ounces ea ch of table stain re mover ['TSR} and table polish lTF'l. The additional processing costs for this process amount to $104,000. Both table products can be sold for $15 per 25-ounce bottle. The company decided not to process the table cleaner into TSR and TP based on the following analysis. Process Further Table Stain Table Remover Table Cleaner [T5111 Polish lTPl Total Production in ounces 304,500 304,500 304,500 Revenues $243,600 $132,?00 $182,700 $365,400 Costs: (:00 costs T0,200 ' 52,650 52,650 105,300 "" TCP costs 0 52,000 52,000 104,000 Total costs ?0,200 104,550 104,650 209,300 Weekly gross prot $123,400 $?B,050 $28,050 $156,100 \"If table cleaner is not processed further, it is allocated US of the $210,600 of CD6 cost, which is equal to 1f3 of the total physical output. \"If table cleaner is processed further, total physical output is 1,210,000 ounces. TSR and TP combined account for 50% of the total physical output and are each allocated 25% of the CBS cost. (a) V Your answer is correct. Determine it management made the correct decision to not process the table cleaner further by doing the following. {1} Calculate the company's total weekly gross prot assuming the table cleaner is not processed further. Total weekly gross prot {2} Calculate the company's total weeklyr gross prot assuming the table ciea ner is processed further. $ Total weekly gross prot $ 244200 {3} Compare the resulting net incomes and comment on management's decision. Management made the among eTexthook and Media decision by choosing to not process table cleaner further. Attempts: unlimited