A company manufactures three products, L-Ten, Triol, and Pioze, from a joint process. Each production run costs $12,800. None of the products can be sold at split-off, but must be processed further. Information on one batch of the three products is as follows: Further Eventual Processing Market Price Cost per per Product Gallons Gallon Gallon $0.50 $2.00 5.00 6.00 L-Ten 3,700 1.00 Trio 4, 4,000 1.50 Pioze 2,300 Required: 1. Calculate the total revenue, total costs, and total gross profit the company will earn on the sale of L-Ten, Triol, and Pioze. Total Revenue 41,20 Total Costs Total Gross 22,10 s|19,1 2. Allocate the joint cost to L-Ten, Triol, and Pioze using the constant gross margin percentage method. Round the gross margin percentage to four decimal places and round all other computations to the nearest dollan oint Cost Product Allocation Triol Pioze Tota (Note: The joint cost allocation does not equal due to rounding.) what if it cost $2.00 to process each gallon of Triol beyond the split-off point? How would that affect the allocation of joint cost to these three products? Round the gross margin percentage to four decimal places and round all o computations to the nearest dollar oint Cost Product llocation L-Ten Triol Pioze Total Note: The joint cost allocation does not equal due to rounding.)