[The following information applies to the questions displayed below] Guster Chemical Company (GCC) manufactures two...
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[The following information applies to the questions displayed below] Guster Chemical Company (GCC) manufactures two products as part of a joint process: X1 and Y1. Joint costs up to the split-off point totai $20,000. The joint costs are allocated to X1 and Y1 in proportion to their relative soles values. At the split-off point, product X 1 can be sold for $30,300, whereas product Y1 can be sold for $70,700. Product X1 can be processed further to make product X2, at an incremental cost of $36,0002 can be sold for $83,000. Product V1 can be processed further to make product Y2, at an incremental cost of $46,000; Y2 can be sold for $93,000. The net change in operating income resulting from a decision to manufacture product Y2 is
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