= Homework: Chapter 17 Cost Allocation part 2 Question 5, E17-29 (similar to) Part 1 of 16 Yum, Inc. is a producer of potato chips. A single production process at Yum, Inc., yields potato chips as the main product, as well as a byproduct that can be sold as a snack. Both products are fully processed by the splitoff point, and there are no separable costs. For September 2020, the cost of operations is $515,000. Production and sales data are as follows: (Click the icon to view the production and sales data.) HW Score: 0%, 0 of 12 points Points: 0 of 4 There were no beginning inventories on September 1, 2020. Read the requirements. Save Requirement 1. What is the gross margin for Yum, Inc., under the production method and the sales method of byproduct accounting? (Enter a "0" for any cells with a zero balance. For the main product inventory: Calculate the proportion of inventory first, then complete your calculation.) Production Revenues Main product (potato chips) Byproduct (snack) Total revenues Cost of goods sold Total manufacturing costs Deduct value of byproduct production Net manufacturing costs Deduct main product inventory Cost of goods sold Gross margin method Clear all Check answer Help me solve this Etext pages Get more help Data table de Production (in pounds) Sales (in pounds) Potato Chips 48,000 38,400 $ Byproduct 8,600 8,000 $ Print Done Selling Price per pound 28 10