A company produces two products and incurs joint costs of $8…
A company produces two products and incurs joint costs of $80,000. The company is trying to determine whether the products should be sold at the split-off point or processed further, and is using the following data: If Processed Further Product Units Produced Total Sales Value at Split-Off Total Additional Costs Total Sales Value A 2,000 $12,000 $2,800 $17,500 B 5,500 $31,000 $3,500 $32,700 If all units of both products are processed further after the split-off point, total net income will by .