Bruce and kim are married and will file a joint return. they have four children who are all qualifying children for purposes of the child tax credit. they have no other credits. their agi is $48,300 and the tax is $1,270. what is the amount of their child tax credit on line 12a of form 1040?

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?