Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $375,000 per quarter. For financial reporting purposes, the company allocates these costs to the Joint products on the basis of their relative sales value at the split-off point. Unit selling prices and total output at the split-off point are as follows: Quarterly Product Selling Price Output $25.00 per pound 14,000 pounds $19.00 per pound 21,800 pounds $31.00 per gallon 5,200 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 Selling Product Coat 8 83,000 $30.60 per pound $131.00 $25.60 per pound $ 55,200 $39.60 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 productor products should be processed further? Complete this question by entering your answers in the tabs below. MacBook Air 20 $ 4 % 5 & 7 3 6 8 E R T Y U O D F G H u K L MacBook Air 80 DDD 000 F FS FB * # 3 $ 4 % 5 & 7 6 8 9 0 E R T T Y U D F G H K L omework 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 product or products 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 product or products should be processed further? Product A Product B Product Sell at spil-off point? Process further? MacBook Air 80 F5 * # 3 $ 4 % 5 & 7 ON 8 9 0 E R T T Y U 0 D F G H K