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help please 2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products

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2. In industries that process joint products, the costs of the raw materials inputs and the sales values of intermediate and final products are often volatile. Change the data area of your worksheet to match the following: 1 Chapter 12: Applying Excel 3 Data 4 Exhibit 12-7 Santa Maria Wool Cooperative $204,000 5 Cost of wool 6 Cost of separation process8 7 Sales value of intermediate products at split-off point 8 Undyed coarse wool 9 Undyed fine wool 10 Undyed superfine wool 11 Costs of further processing (dyeing) intermediate products: 12 Undyed coarse wool 13 Undyed fine wool 14 Undyed superfine wool 15 Sales value of end products: 16 Dyed coarse wool 17 Dyed fine wool 18 Dyed superfine wool $ 40,000 $ 114,000 142,000 S53,000 50,000 60,000 $10,000 $ 152,000 $ 236,000 $ 94,000 If your formulas are correct, you should get the correct answers to the following questions. a. What is the overall profit if all intermediate products are processed into final products? Overall profit from processing all intermediate roducts b. What is the financial advantage (disadvantage) from further processing? from further processing undyed coarse wool om further processing undyed fine wool om further processing undyed superfine wool Financial (disadvantage) Financial advantage c-1. With these new costs and selling prices, what recommendations would you make concerning the company's operations? Sell as is or process further the intermediate product undyed coarse wool? Sell as is or process further the intermediate product undyed fine wool? Sell as is or process further the intermediate product undyed superfine wool? Process further Sell as is C-2. If your recommendation in part (c-1) is followed, what would be the company's overall profit? profit from following the plan in part (c)

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