16. (10) Bean Company process beans into three products. During the current period joint processing costs were $200,000. Production and sales value information for the period are as follows: Sales Value At Split Off Point Pounds Produced 8,000 5,000 4,000 $24.75 per pound 30.80 per pound 22.00 per pound Kidney Dark Spicy All of these products can be processed further and sold as a higher-grade product. The final selling price after additional processing is as follows: Deluxe Kidney - $28.00 per pound, Deluxe Dark - $34.00 per pound and Extra Spicy - $27.00 per pound. The separable costs related to further processing of these products are as follows: Deluxe Kidney = $64,000, Deluxe Dark = $30,000, Extra Spicy = $8,000. a. Determine the amount of joint costs allocated to each product using the Sales Values at Split-Off method. b. Determine the amount of joint costs allocated to each product using the Net Realizable Value method. c. What product mix combination of the production and sales of each product maximizes Operating Income for Bean Co.? Show calculations to support your answer.