Cows Creamery Company makes ....

Cows Creamery Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 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: Gooey Mooey Wowie Cowie Total Allocated Joint processing costs $22,000 $19,600 $41,600 Sales value at split-off point $32,000 $28,000 $60,000 Costs of further processing $11,600 $25, 300 $36,900 Sales value after further $40,800 $54,200 $95,000 processmg Required: 1. What is the net monetary advantage (disadvantage) of processing Gooey Mgoey beyond the split-off point? 2. What is the net monetary advantage (disadvantage) of processing WQM'? 29ij beyond the split-off point? 3. What is the minimum amount the company should accept for Gooey Mgoey if it is to be sold at the splitoff point? 4. What is the minimum amount the company should accept for yygyyie Qoyyje if it is to be sold at the split-off point