Split Corporation manufactures products X, Y, and Z from a j…
Split Corporation manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products based on the relative sales values of the products at the split-off point. Additional information is as follows: X Y Z Total Allocated joint costs $ 200,000 $ 200,000 $ 400,000 $ 800,000 Sales value at split-off 300,000 300,000 600,000 1,200,000 Additional costs for further processing 83,000 75,000 52,000 210,000 Sales value if processed further 607,000 504,000 466,000 1,577,000 Based solely on a relevant cost analysis, which of the three products should be processed by Split beyond the split-off point?