Dorsey Company manufactures three products from a common input in a joint processing operation Joint processing costs up to the split-off point total $320,000 per quarter For financial reporting purposes, the company allocates these costs to the joint products based on their relative sales volue at the split-off poust. Una selling prices and total output at the split-off point are as follows Product Selling Price $ 14.00 per pound $8.00 per pound $20.00 per gallon Quarterly Output: 11,800 pounds 18,500 und 3,000 gallons Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarted and unit selling prices after further processing are given below Additional Processing Product Costs. A Selling Price $18.50 per pound 500,875 $31,900 5.15.50 per pound $27.50 per gallon Required: 1 What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which should be processed further? Complete this question by entering your answers in the tabe below. qued 1 Required 2 What is the financial advantage (disadvantage) of further processing each of the three products beyond the split off point? Not Do not und your intermediate calculations Enter disadvantages as a negative value financial advantage (disadvantage of further processing Product Product Required 2 > Produer C Dorsey Company manufactures three products from a common input in a joint processing opration Joint processing costs up to the split-off point total $320,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products based on their relative sales value of the split-off point. Unit selling prices and total output at the split-off point are as follows Product A B Selling Price $ 14.00 per pound $5.00 per pound $20.00 per gallon Quarterly Output 11,800 pounds 15,500 pounds 1,000 gallons Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additional processing costs (per quarter) and unit selling prices after further processing are given below Additional Processing Costs Product A D C $ 56,850 500,875 5.31,300 Selling Price $18.50 per pound $13.50 per pound i $27.50 per gallon Required: 1 What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? 2. Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which should be processed further? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on your analysis in requirement 1, which product or products should be sold at the split-off point and which should be processed further? Product A Product Product C Sell at split-off pornt? Process further?