The Freed Corporation produces three products, X, Y, Z, from a single raw material input. Product Y can be sold at the split-off point for total annual revenues of $50,000, or it can be processed further at a total annual cost of $16,000 and then sold for $68,000. Which of the following statements is true concerning Product Y? Multiple Choice The annual financial advantage from processing Product Y further is $2,000. Product Y should be sold at the split-off point rather than processed further. The annual financial advantage from processing Product Y further is $68,000.