Question: Question 16 3 pts [Note] To answer next 2 questions that require your analysis of a joint production process, refer to the following information

Question 16 3 pts [Note] To answer next 2 questions that require your analysis of a joint production process, refer to the following information (this same data will appear on each screen of the related question!): Pownal Powder Puffs produces powder in a joint processing operation. Each powder can be sold in its current condition or processed further and specialized for high priced department stores. Data concerning the various products appear below. Joint processing costs are $200,000, which are allocated based on the number of pounds produced. Type of powder Number of Price per pound Total further pounds at split-off processing costs Price after processing further Talcom 10,000 $10 $25,000 $12.0 Baby 20,000 $8 $12,000 $9.0 Regular 50,000 $5 $30,000 $5.5 If Regular is processed further, the gross margin that will appear in a product line income statement for Regular would be: $245,000 $125,000 $120,000 $150,000

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