(3.) JOINT PRODUCTS. Machintosh Company produces two products from a common input. Data relating to the joint products are given below: Product A Product B Sales value at the split-off point P60,000 P120.000 Sales value after further processing 90,000 200,000 Cost of further processing 20,000 85,000 Note: Split-off point is the juncture in the process when the products become separately identifiable. Determine which of the products should be sold at the split-off point and which should be processed further before sale. (4.) MAKE-OR-BUY DECISIONS. Cornet Company is now producing a small part that is used in the production of one of its product lines. The company's accounting department reports the following costs of producing the part internally: Per Part Direct Material P15 Direct Labor 10 Variable Overhead 2 Fixed Overhead, direct 4 Fixed Overhead Total Cost P36 The direct fixed overhead costs consist of 75% depreciation of special equipment and 25% supervisory salaries. The special equipment has no resale value. An outside supplier has offered to sell the parts to Comet Company for P30 each based on an order of 5,000 parts per year. Determine whether Comet should accept this offer, or continue to make the parts internally 5