cost of $250 and made into 320 quarts of Soyola. Each quart of Soyola can be sold for $1,45 Cookiesi Soyolal Total Deduct separable costs Net realizable value Weighting Joint costs allocated Requirement 2. Should TSP have processed each of the products further? What effect does the allocation method have on this decision? Begin by calculating the profit or loss that would occur fITSP processed the products further. (Use parentheses or a minus sign for losses.) Cookies/ Soyolal Soy Meal Soy Oil Sell at splitoff: Revenue Process further: NRV Profit (Loss) from processing further Enter any number in the edit fields and then continue to the next quest Profit (Loss) from processing further TSP shoudhe soy mal becausrolit Thay shoud sy rt V the soy meal because it profit. They should the soy oil because profit will Since the total joint cost is under both allocation meods,ita relevant cost to the decision to sell at splitoff or process further. Enter any number in the edit fields and then continue to the next question. Requirements 1. Allocate the joint cost to the cookies and the Soyola using the following: a. Sales value at splitoff method b. NRV method Should TSP have processed each of the products further? What effect does the allocation method have on this decision? 2