Dorsey Company manufactures three products from a common Input In a joint processing operation, Joint processing costs up to the split-off point total $350,000 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 seling prices and total output at the spilt-off point are as follows: Quarterly Product Selling Price Output $ 16 per pound 15,000 pounds 3 $ per pound 20,000 pounds $ 25 per gallon 4,000 gallons A Each product can be processed further after the spilt-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 Conts Price $63,000 $20 per pound $80,000 513 per pound $36.000 632 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, Required 1 Required 2