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Dorsey Company manufactures three products from a common input in a joint processing operation Joint processing costs up to the split-off point total $305,000 per

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Dorsey Company manufactures three products from a common input in a joint processing operation Joint processing costs up to the split-off point total $305,000 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: Product Selling Price A $11.00 per pound 8 $ 5.00 per pound C. $ 17.00 per gallon Quarterly Output 11,200 pounds 17.600 pounds 2,400 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 selling Product Processing Costs Price $50, 340 $15.20 per pound 571,170 $10.20 per pound $25,600 $24.20 per gallon A 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 What is the financial advantage (difadvantage) of further processing each of the three products beyond the split-off point? (Enter "disadvantages" as a negative value.) Product A Product B Product Financial advantage (disadvantage) of further processing Required 2 > 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 split-off point? Process further?

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