CUKK HERE TO SAVE YOUR WORK A G Ibsen Company makes two products from a common input. Joint processing costs up to the split-off point total $48.500 a year. The company 1 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 of point or processed further. Data concerning these products appear below: 4 5 6 Allocated joint processing costs Sales value at split off point Costs of further processing Sales value after further processing Product X $29,100 $30,000 $24,800 $58,500 Product $19,400 $22,00 $19,100 $39,500 Totul $48,500 $52,000 $43.900 $98,000 7 10. Required: 11 1. Determine which product(s) should be sold at the split-off point and which product(s) should be processed further. (4 marks) 12 13 Product X Product Y 14 y 16 17 18 19 Decision 10 Front Name Copy Merpe GUICK HERE TO SAVE YOUR WORK D B 10 Required: H 1 111 Determine which product(s) should be sold at the split-off point and which product(s) should be processed further. (4 marks) 13 Product X Product Y 14 15 16 17 19 Decision 20 Based on the result from part 1. how much revenue in total will ibsen Company earn? (1 mark) 21 2. 22 23 24 25 26 27 28 Total revenue Sheet1 New