1. A company will recognize a financial advantage by processing a product further, rather than selling it at the split-off point:

   		when the incremental costs of further processing are less than the joint processing costs prior to the split off point
   		when the selling price of the product is greater after further processing than before further processing
   		when the incremental costs of further processing are less than the incremental revenue from further processing
   		when the incremental costs of further processing are greater than the joint processing costs prior to the split off point