Help Chapter 13 Exercises Save & Exit Checkm 5 1 points Slopped 00 Dorsey Company manufactures three products from a common input in a joint processing operation Joint processing costs up to the split-off point total $365,000 per quarter. For financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales volue at the split-off point Unit selling prices and total output at the split-off point are as follows: Product Selling Price Quarterly Output 5.23.00 per pound 13,600 pound $17.00 per pound 21,200 pounds c $ 29,00 per gallon 4.000 gallona 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 oftor further processing are given below Additional Processing Product Conta Selling Price 3.78.540 $20.40 per pound 133,230 $23.0 per pound c $50,560 $ 37.40 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 productor products should be processed further? Print References D Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the financial advantage (disadvantage of further processing each of the three products beyond the split-off point