1 aved ut of Divundu Tannery Limited, DTL purchased raw hides and skins from the local suppliers worth N$ 1.15 million in August 2021. The hides were then processed into four products, Grade 1, Grade 2, Grade 3 and Grade 4, which have a unit sales value of N$ 250, N$150, N$50 and N$120 respectively at split-off point. The breakdown of the processing costs for the four products is as follows: Process NS Tanning 1500 000 Wet finishing 910 000 Finishing 1 220 000 Inspection and quality control 320 000 All products can be sold locally to other processing plants at split-off point. The company can also further process and sell Grade 1, Grade 2 and Grade 4 while Grade 3 is not to be processed further, Additional information pertaining to further processing is provided below: Product Output-units Sales Additional processing costs after split off N$ Grade 1 100 000 300.00 12 000 000 Grade 2 20 000 250.00 250 000 Grade 3 10 000 80.00 Grade 4 18 000180.00 80 000 All additional processing costs are variable in nature. MARKS REQUIRED: 1.1 Calculate total joint costs. 2 4 5.5 1.2 Allocate the joint costs amongst the four products on the basis of sales split off point. 1.3 Allocate the joint costs amongst the four products on the basis of Net Realizable Value. Allocate the joint costs amongst the four products on the basis of constant gross profit 1.4 Net Realizable Value. 13.5 25 TOTAL MARKS