nAgra Inc. produces meat products with brand P9-18 SELL OR PROCESS FURTHER Co such as Swift, Armour, and Butterball. Suppose one of the company's plants processes befor tle into various products. For simplicity, assume that there are burger, and hides, and that the average steer costs $700. The three products emerge frem process that costs S100 per cow to run, and output can be sold for the following net amouns S 400 Steak (100 kilograms) Hamburger (500 kilograms) Hides (120 kilograms) Total 600 100 S1,100 Assume that each of these three products can be sold immediately or processed furle in another ConAgra plant. The steak can be the main course in frozen dinners sold Healthy Choice label. The vegetables and desserts in the 400 dinners produced from the l kilograms of steak would cost $120, and production, sales, and other costs for the 400 would total S350. Each meal would be sold wholesale for $2.15. sold under d 500 kilog of hamburger. Frozen Salisbury Steaks sell wholesale for $1.70 per kilogram. ide is $. The hamburger could be made into frozen Salisbury Steak patties Armour label. The only additional cost would be a $200 processing cost for the The hides can be sold before or after tanning. The cost of taning one a tanned hide can be sold for $175 1. Compute the total profit if all three products are sold at the split-off point 2. Compute the total profit if all three products are processed further before be 3. Which products should be sold at the split-off point? Which should be 4. Compute the total profit if your plan in requirement 3 is followed