DWS Limited, a chemical firm, manufactures three joint products X,Y,Z and a by-product, W, in a single production process. An input of 25kg of raw material used in the production process produces 14 units of X,12 units of Y,8 units of Z, and 200 units of W. Products X,Y and Z can be either sold at the split-off point or processed further. The by-product W is sold at the split-off point without further processing. The budgeted cost for an input of 8000kg of raw material for the first quarter of 2022 is as follows: The estimated selling prices per unit are as follow: Assume that there is no opening or closing inventories: REQUIRED: 3.1 Calculate the budgeted profit of each product for the first quarter of 2022 if all products are processed further and joint costs are allocated in proportion to the physical quantity yielded by the respective products X,Y and Z 3.2 Determine which products should be sold at the split-off point and which should be sold after further rocessing. Calculate the total profit in this case