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Product X-47 is one of the joint products in a joint manufacturing process. Management is studying whether to sell X-47 at the split-off point or to...

3. Product X-47 is one of the joint products in a joint manufacturing process. Management is studying whether to sell X-47 at the split-off point or to process X-47 further into Xylene. The following data have been gathered:
Selling price of X-47
I. Variable cost of processing X-47 into Xylene.
II. The avoidable fixed costs of processing X-47 into Xylene.
III. The selling price of Xylene.
IV. The joint cost of the process from which X-47 is produced.
Which of the above items are relevant in a decision of whether to sell the X-47 as is or process it further into Xylene?
A) I, II, and IV.
B) I, II, III, and IV.
C) II, III, and V.
D) I, II, III, and V.

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