1) GH Ltd. manufactures three main products from a common input in a joint processing operation. Joint processing costs up to the split-off point are as follows Direct materials Direct labour Supervisors salary Security Custodian salaries Utilities $10,000 25,000 40.000 20,000 25,000 30,000 The company allocates these costs to the joint products on the basis of their total sales at the split-off point. Each of the products may be sold at the split-off point or processed further. The additional processing costs and sales value after further processing for each product, on an annual basis, are Further Processing Costs S 40.000 Sales Value Sales Value at Split-off S70,000 20,000 60,000 After Further Product 1030 1060 2010 Processing S100,000 30,000 70,000 25,000 5,000 The "Further Processing Costs" consist of variable and avoidable fixed costs Which product or products should be sold at the spilt-off point, and which product or products should be processed further? Show computations 2) GH Ltd. also provided the following information about a thirdproduct Sales Variable costs Traceable fixed costs Common fixed costs Operating loss $15,000 7,000 6,000 8,000 6.000) What would happen to GH Ltd.'s operating income if it decided not to produce this product