Griffin Corporation incurs a $22 per pound cost to produce Product X, which it then sells for $35 per pound. The company can further process Product X to produce Product Y. Product Y would sell for $48 per pound and would require an additional cost of $10 per pound to be produced. The differential revenue of producing Product Y is _. (The additional cost of $10 is not included in differential revenue)

I need assistance with this general accounting question using appropriate principles.

Mehta Appliances is using the Gross Profit Method to estimate its ending inventory. The company’s current year sales and cost of inventory available for sale are $910,000 and $670,000, respectively. The company’s historical gross profit percentage is 40%. What is the estimated ending inventory.