Cate Inc. manufactures three products $($PRS$,$ BUE, TAB$)$ using a joint manufacturing process and incurred $$440,000$ in joint costs this year. PRS and BUE can be processed further to enhanced products. When processed further PRS Plus sells for $$285/$unit and BUE Best sells for $$125/$unit$.$ TAB must be sold at split$-$off. Production and sales information for the year is as follows Determine the amount of joint costs allocated to each product using the Sales Value at Split$-$Off method. $($round intermediate calculations to four decimals, round answers to dollars$)(10$ points$)$ Cate Inc. manufactures three products $($PRS$,$ BUE, TAB$)$ using a joint manufacturing process

and incurred $$440,000$ in joint costs this year. PRS and BUE can be processed further to enhanced

products. When processed further PRS Plus sells for $$\frac{285}{?}$ unit and BUE Best sells for $$\frac{125}{?}$ unit. TAB

must be sold at split$-$off. Production and sales information for the year is as follows:

a$.$ Determine the amount of joint costs allocated to each product using the Sales Value at Split$-$Off

method. $($round intermediate calculations to four decimals, round answers to dollars$)$

b$.$ Determine the amount of joint costs allocated to each product using the Net Realizable Value $($NRV$)$

method. $($round intermediate calculations to four decimals, round answers to dollars$)$

c$.$ Which product mix combination of the production and sale of each product maximizes total

Operating Income for Cate Inc.? Show calculations and specify the product mix combination.