Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the split-off point total $355,000 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: ProductABCSellingPrice$21.00perpound$15.00perpound$27.00pergallonQuarterlyoutput13,200pounds20,600pounds4,400gallons 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: ProductABCAdditionalProcessingCosts$73,440$105,620$105,000$46,000SellingPrice$26.20perpound$21.20perpound$35.20pergallon 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? What is the financial advantage (disadvantage) of further processing each of the three products beyond the (Enter "disadvantages" as a negative value.) Based on your analysis in requirement 1 , which product or products should be sold at products should be processed further