VDYMOS588 Corporation manufactures three products from a joint process. The three products are in industrial grade form at the split-off point. They can either be sold at that point or processed further into premium grade. Costs related to each batch of this process is as follows: Sales Price at split-off point Allocated joint costs Sales Price after further processing Cost of further processing Product Quantity Product 1 $16 $6,000 $20 $5,550 1,000 lb. Product 2 $12 $6,000 $18 $1,040 1,000 lb. Product 3 $5 $6,000 $14 $2,260 1,000 lb. Q: What would be the additional amount of profit that VDYMOS588 Corp. would gain from further processing the product(s) that is/are more profitable to process further rather than be sold at the split-off point? A: $