Information About Three Joint Products Follows The Cost of the Joint Process Is $140,000

Multiple Choice

Information about three joint products follows: $$\begin{array} { l c c c } & \underline { X } & \underline { Y } & \underline { Z } \\\text { Anticipated production } & 15,000 \mathrm { lbs } & 10,000 \mathrm { lbs } &8,750 \mathrm { lbs } \\\text { Selling price/lb. at split-off } & \$ 16 & \$ 26 & \$ 48 \\\text { Additional processing costs/lb. } \\\text { after split-off (all variable) } & \$ 8 & \$ 20 & \$ 20 \\\text { Selling price/lb. after further }\\\text { processing } & \$ 20 & \$ 40 & \$ 70\end{array}$$
The cost of the joint process is $140,000.
Assuming all of the sell now or process further decisions were correctly made, what will be the firm's income?

A) $562,960
B) $500,240
C) $455,875
D) $797,500