Question: PLEASE INDICATE IF ANSWER IS POSITIVE OR NEGATIVE! Pet Products Inc. manufactures two products, cat bowls and dog bowls, from a joint process. Cat bowls

 PLEASE INDICATE IF ANSWER IS POSITIVE OR NEGATIVE! Pet Products Inc.

PLEASE INDICATE IF ANSWER IS POSITIVE OR NEGATIVE!

Pet Products Inc. manufactures two products, cat bowls and dog bowls, from a joint process. Cat bowls are allocated 50% of the total joint costs of $20,000. There are 1,000 cat bowls produced and 1,000 dog bowls produced each year. Cat Bowls can be sold at the split-off point for $11 per unit, or they can be processed further into an extra fancy cat bowl for additional processing costs of $5,029 and sold for $16 each. What is the difference in operating income between processing the cat bowls further versus selling them off at the split-off point? If income is higher by processing the cat bowls further, input your number as a positive number. If income is lower by processing the cat bowls further, input your number as a negative number

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