29.Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $47,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below:

Product XProduct YTotalAllocated joint processing costs$18,800$28,200$47,000Sales value at split-off point$20,000$30,000$50,000Costs of further processing$24,500$18,800$43,300Sales value after further processing$38,400$58,900$97,300

Required:

a. What is financial advantage (disadvantage) of processing Product X beyond the split-off point?(Negative amount should be indicated by a minus sign.)

b. What is financial advantage (disadvantage) of processing Product Y beyond the split-off point?

c. What is the minimum amount the company should accept for Product X if it is to be sold at the split-off point?

d. What is the minimum amount the company should accept for Product Y if it is to be sold at the split-off point?