Exercise 11-7 (Algo) Sell or Process Further Decisions [LO11-7] Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the spit-off point total $345,000 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: Each product can be processed further after the spit-off point. Additional processing requires no special faciilies. The additional processing costs (per quarten) and unit selling pnces after further processing are given below: 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? Complete this question by entering your answers in the tabs below. 2. Based on your analysis in requirement 1. which product or products should be sold at the split-off point and which product products should be processed further? Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point? (Do not round your intermedlate calculations. Enter "cisadvantages" as a negative value.) Complete this question by entering your answers in the tabs below. Based on your analysis in requirement 1, which product or products should be sold at the split-aff point and which product or products should be processed further