Dorsey Company manufactures three products from a common input in a joint processing operation Joint processing costs up split-off point total $370,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint proc 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 $24.00 per pound $18.00 per pound $30.00 per gallon Quarterly Output 13,800 pounds 21,500 pounds 5,000 gallons Each product can be processed further after the split-off point. Additional processing requires no special facilities. The additio processing costs (per quarter) and unit selling prices after further processing are given below: Product Additional Processing Costs $ 81,150 $117,125 $ 52,900 Selling Price $29.50 per pound $24.50 per pound $38.50 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 product or products should be processed further? DELL