Question: Corp purchases trees from Vendor and processes them up to the splitoff point where two products ( paper and pencil casings ) are obtained and

Corp purchases trees from Vendor and processes them up to the splitoff point where two products (paper and pencil casings) are obtained and sold separately. The following information was collected for the month of October:
Trees processed: 250 trees
Production: paper 180,000 sheets
pencil casings 180,000
Sales: paper 174,000 at $0.12 per page
pencil casings 178,500 at $0.15 per casing
The cost of purchasing 250 trees and processing them up to the splitoff point to yield 180,000 sheets of paper and 180,000 pencil casings is $12,500. Corps accounting department reported no beginning inventory.6) How much is the total cost of goods sold for the period? (for paper and pencil casings combined)
7) How much is total gross margin/profit for the period? (for paper and pencil casings combined)

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